Bare ActsThe Kerala Prohibition of charging Exorbitant Interest Act 2012

Section 12

Application of the provisions of the Kerala Money-Lenders Act, 1958 (35 of 1958)

Amendment status not verified — confirm the current text below against the official source.

Application of the provisions of the Kerala Money-Lenders Act, 1958 (35 of 1958).— Subject to the provisions of this Act, the provisions of the Kerala Money-Lenders Act, 1958 (35 of 1958), in so far as they are applicable to money-lenders, shall mutatis mutandis apply to a person referred to in section 3 of this Act. Explanation.—Where an act of a person constitutes an offence under this Act and under the Kerala Money-Lenders Act,1958 (35 of 1958), prosecution shall be launched under this Act. 4

Section 12 – The Kerala Prohibition of charging Exorbitant Interest Act 2012 | DailyLaw.ai