a — ASSAM MONEY LENDERS' ACT, THE ASSAM MONEY LENDERS' ACT, 1934

10 a IIIII .I , ot IOGn , and wbetlter made before or a!ter the commencement · ~ ~f~t: 1~~~ o of thia Act, the money-lender shall on demand in writing being made by the borrower at tlie time of executing the contract or at -any time durin2 the continuance of the contract , supply to the bonower, or, i£ the borrower so requires, to any pcu-aon specified in that behalf in the demand, a statement signed by the '1lonoy-lender or hia agent showing- (") the date on wwch the loan was made, the amount of the principal of the loan, and the rate per cent . per annum of interest charged ; and (b) lhe amount of any payment already receind by the money-lender in respect of t he loan and the date on which it was made : and {r) the amount of e\·ery sum due to the money-lender, but unpaid , and the date upon which it became due a.nd the amount of interest accrued due and unpaid in respect of every aucb sum ; nnd (d) tho amount of every sum not yet due which renu.1.ins outstanding and tbe date upon which it will become due : Provided tha.t when a demand under this subsection has once been complied with, a second domn.nci ma.y not be made in respect of the samo loan within six months. , :,' u,nr. A money-lender shall on demand in writing by tho bonowcr , and on tender of the presol'ibod sum for expenses, supply a copy of any document relating to a loan made by him or any secu rity therefor, to tbe borrower, . or if the borrower requires , to any person specified in that behalf in tbe tlomand. ~!~'~o'::i':ae:~ (:3) If a ruoney-lhie.nder t? ddt i w~!Dl a a. bdemand has ( been y made under t s section 1.a.1 wtt out excuse to complv therewith within one month after the demand has been made, he shall not so long a.s the defanlt continues be entitled to sue for or recover any sum doe under the contru.ct on account either of principal or interesr, and interest shall not be chargeable in respeot of the period of the default. fh':-:.~'~fac ':. tala toane. ; -:; t:.., /. Ll · nny suit iu rc~pcct o of a.ny loan made or any 11eC111 ity taken for :L loan mndt: by a money -lender a.(ter the commencement of the Usurious Loans Act, 1918 , it is tound t.La.t interest charged exceeds tho l'ate of per cent. per annum in the case of a secured loan or por cent. per annum in the cn."e of A.n un;.ecurcd loan, the 1 ourt Rhall, until tho contrary is proved, presume for tho purpos\.'S of scotian h :~ of tho Usurious Loans pp Act, 1918, thn.t tho int.eret-b obargcd .is oxcessi,,o and thnt the trn.u:;actiou wsu· as between t ho parties thereto , uofo.ir, but thi~ provision shall bo without pro· judice to tho powers of the Court under the 13n.id section wilcre the Cou· t i!': sa.tisfiP·l that tlte interest charged though not. oxcecding per cent. per ann:un or 18!- per cent. pt!r a.nnnm, ;u; t he ease may be, is ex.cessi\·e.7 /J3. Where in ~ /..,., I'""'\ , Ll · , i:}. '1 -; L_ -; L_ .._J. ,-v "' .._J ,-v .'). 1 r, ~ · 'Jl -t' Bu to rccomy [ 9 b £ tho Act xotltlt8. x ot touL . No Courts Rhall, in resper·t of MY lon.n rna.do 'f 1 Y 'f o n.n

Section 10