Clause 3

by inserting, immediately before the definition of “Authority”, the following definition:“ “assistant”, in relation to an applicant for a licence or a licensee —

means any person employed or engaged, or proposed to be employed or engaged, by the applicant or the licensee for the purposes of the applicant’s or the licensee’s business of moneylending, other than to manage the applicant’s or the licensee’s business of moneylending; and

includes a person who is employed or engaged, or proposed to be employed or engaged, by the applicant or licensee to collect any debt on behalf of the applicant or licensee;”;

by inserting, immediately after the definition of “body corporate”, the following definition:“ “book” includes any account, deed, writing or document and any other record of information, however compiled, recorded or stored, whether in written or printed form or on microfilm or by electronic process or otherwise;”; and

by deleting the definition of “company” and substituting the following definition:“ “company” means a company limited by shares under the Companies Act (Cap. 50);”.