Money Lenders Act Amendment Act 1969 (Qld)

85 Oueeltzixxtr ANNO OCTODECIMO ELIZABETHAE SECUNDAE REGI N AE No. 15 of 1969 An Act to Amend the Money Lenders Act 1916-1968 in certain particulars [ASSENTED TO 16TH DECEMBER, 1969] BE IT ENACTED by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Assembly of Queensland in Parliament assembled, and by the authority of the same , as follows:- 1. Short title and citation . (1) This Act may be cited as the Money Lenders Act Amendment Act 1969. (2) The M oney Lenders Act 1916-1968 is in this Act referred to as the Principal Act. (3) The Principal Act as amended by this Act may be cited as the Money Lenders Act 1916-1969. 2. Amendment of s. 3-Interpretation . Section 3 of the Principal Act is amended by omitting from the definition of " Money-lender " the words " eight pounds per centum per annum " (wherever occurring) and inserting in their stead in each case the words " ten per centum per annum ".

86 Money Lenders Act Amendment Act 1969, No. 15 3. Amendment of s. 12-Restriction on recovery of interest . Section 12 of the Principal Act is amended by omitting from subsection (1) the words " eight pounds per centum per annum " and inserting in their stead the words "ten per centum per annum ". 4. Amendment of s. 13-In certain cases duplicates of contract or memorandum of particulars to be supplied to borrower . Section 13 of the Principal Act is amended by omitting the words " eight pounds per centum per annum " (wherever occurring) and inserting in their stead in each case the words " ten per centum per annum ".