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Offence

Moneylenders Regulations, reg. 24 · Revised Edition 2020

A person who– (a) fails to comply with a disciplinary measure or enforcement action imposed by the Registrar under Part V of these Regulations; or (b) otherwise contravenes these Regulations, commits an offence and is liable on summary conviction to a fine not exceeding $250,000 or a term of imprisonment not exceeding 2 years or to both fine and term of imprisonment.
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