Moneylenders Act 2008 · 2020 Revised Edition · Part 2 · Licensing of Moneylenders
9. Licence fee
Feedback & supportEvery licensee must pay such licence fee as may be prescribed for the issue or renewal of the licence by the Registrar.
licence
“licence” means a moneylender’s licence issued or renewed under this Act, and “licensee” is to be construed accordingly;
The Minister may prescribe different licence fees in respect of different classes or descriptions of licences.
Where a licensee has more than one place of business, the licensee must pay such additional licence fee as may be prescribed for each additional place of business according to the class or description of licence which the licensee holds.
The licence fees must be paid in the manner specified by the Registrar.
Registrar
“Registrar” means the Registrar of Moneylenders appointed under section 4 and includes a Deputy Registrar of Moneylenders and an Assistant Registrar of Moneylenders appointed under that section;
Subject to subsection (6), there is no refund of any licence fee paid to the Registrar in the event that a licence is revoked or suspended or when the licensee ceases to carry on the business of moneylending at any time before the expiry of the licence.
The Registrar may, where he or she considers it appropriate, refund or remit the whole or part of any licence fee paid or payable under this Act.[8