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Contribution towards compliance inspections
Moneylenders Regulations, reg. 9 · Revised Edition 2020
(1) In accordance with section 30C(9) of the Act, the Registrar may require a moneylender to contribute twenty-five percent of the costs incurred to perform a compliance
(2) Notwithstanding subregulation (1)—
(a) the minimum a moneylender may be required to contribute to a compliance inspection is $300 for each inspection at each location; and
(b) the maximum a moneylender may be required to contribute to a compliance inspection is $600 for each inspection at each location.
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