Section 12

If a moneylender for the purpose of the business carried on by him as such issues or publishes or causes to be issued or published any advertisement, circular or document of any kind whatsoever containing expressions which might reasonably be held to imply that he carries on the business of banking, he shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $1,000 and for a second or subsequent offence to a fine not exceeding $1,000 or to imprisonment for a term not exceeding 12 months or to both and an offender being a company shall for a second or subsequent offence be liable to a fine not exceeding $5,000.