Section 8

takes out a licence in any name other than his true name;

being licensed as a moneylender, carries on business as such in any name other than his authorized name or at any other place than his authorized address or addresses;

in the course of business as a moneylender enters into any moneylending agreement with respect to any advance or repayment of money or takes any security for money otherwise than in his authorized name; or

lends money to a person under the age of eighteen years, he shall be guilty of an offence under this Act and shall be liable to a fine not exceeding *fifty thousand ringgit and for a second or subsequent offence shall be liable to the fine aforesaid or to imprisonment for a term not exceeding twelve months and an offender being a company, society, firm or other body of persons shall for a second or subsequent offence be liable to a fine not exceeding **one hundred thousand ringgit.

Circumstances under which licence shall not be issued