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Section 9E

Prohibition of subsequent application pending appeal on earlier application

of Moneylenders Act 1951

ActIn forceProvision 20 of 77
Section 9E
(1)

Where an applicant appeals against the refusal of the

Registrar to issue a licence to him, or a licensee appeals against the revocation of his licence by the Registrar, he shall not subsequently make an application for a licence until the appeal against the

Registrar’s decision has been determined by the Minister.

Moneylenders 23

(2)

In the event that any licence is issued as a result of a subsequent application made in the circumstances specified in subsection (1), the licence so granted shall be void and shall have no effect.

(3)

Any person who contravenes this section shall be guilty of an offence under this Act and shall be liable to a fine not exceeding twenty thousand ringgit or to imprisonment for a term not exceeding three months or to both.