33. Harassing debtor, besetting his residence, etc.
Feedback & supportAny moneylender, who, either personally or by any person acting on his behalf, harasses or intimidates his debtor or any member of the debtor’s family at, or watches or besets, the residence or place of business or employment of the debtor, or any place at which the debtor receives his wages or any other sum periodically due to him, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $2,000 or to imprisonment for a term not exceeding 3 months or to both:Provided that an offender being a company shall be liable to a fine of $5,000.
moneylender
“moneylender” includes every person whose business is that of moneylending or who carries on or advertises or announces himself or holds himself out in any way as carrying on that business whether or not that person also possesses or earns property or money derived from sources other than the lending of money and whether or not that person carries on the business as a principal or as an agent but does not include —(a)any body corporate, incorporated or empowered by a special Act of Parliament or by any other Act to lend money in accordance with that Act;(b)any society registered under the Cooperative Societies Act;(c)any person bona fide carrying on the business of banking or insurance or bona fide carrying on any business not having for its primary object the lending of money in the course of which and for the purposes whereof he lends money;(d)any pawnbroker licensed under the provisions of any written law in force in Singapore relating to the licensing of pawnbrokers; and(e)any finance company licensed under the Finance Companies Act.
Any person reasonably suspected of having committed an offence under subsection (1) who refuses or fails to accompany a police officer when required to do so for the purposes of any investigation under this Act may be arrested without warrant.