Malaysia legislation

Section 27A

of *MONEYLENDERS ACT 1951

Section 27A

(2)

No person shall act as agent or canvasser, or demand or receive directly or indirectly any sum or other value consideration by way of commission or otherwise for introducing or undertaking to introduce to a moneylender any person desiring to borrow money.

(3)

Any person who contravenes subsections (1) and (2) shall be guilty of an offence under this Act and shall be liable to imprisonment for a term not exceeding two years or to a fine not exceeding fifty thousand ringgit or to both.

Moneylending agreement in which amount is not truly stated or left blank