Moneylenders. [Ch. 31. No. 11.

centum per annum or show the rate per centum per annum
represented by the interest proposed to be charged as
calculated in accordance with the provisions of the Schedule
hereto,

(4) Any person acting in contravention of any of
the provisions of this section shall be liable to a fine of
twenty-four dollars.

(5) Where it is shown that a moneylending trans-
action was brought about by a contravention of any of
the provisions of this section, the transaction shall, notwith-
standing that the moneylender was duly licensed under this
Ordinance, be illegal, unless the moneylender proves that
the contravention occurred without his consent and con-
nivance,

21. (1) Where any debt in respect of money lent by a
moneylender whether before or after the commencement
of this Ordinance, or in respect of interest on any such
debt or the benefit of any agreement made or security
taken in respect of any such debt or interest is assigned
to any assignee, the assignor (whether he is the money-
lender by whom the money was lent or any person to
whom the debt has been previously assigned) shall, before
the assignment is made—

(a) give to the assignee notice in writing that the
debt, agreement or security is affected by the operation
of this Ordinance; and

(b) supply to the assignee all information necessary
to enable him to comply with the provisions of this
Ordinance relating to the obligation to supply informa-
tion as to the state of loans and copies of documents
relating thereto;

and any person acting in contravention of any of the
provisions of this section shall be liable to indemnify any
other person who is prejudiced by the contravention, and
shall also in respect of each offence be liable to imprison-
ment for six months, or to a fine of four hundred and
eighty dollars.

(2) In this section the expression “ assigned ’’ means

assigned by any assignment inter vivos other than an

855

Notice and
information
to be given
on assign-
ment of
money-
lenders’
debts,