Section 3
Certain persons and firms presumed to be moneylenders
ActIn forceProvision 3 of 37
Section 3
Save as excepted in paragraphs (a) to (e) of the definition of “moneylender” in section 2, any person who lends a sum of money in consideration of a larger sum being repaid shall be presumed until the contrary is proved to be a moneylender.