Section 2
In this :\ ct, unless there is anything repugnant in tbe subject or context,-
2. In this :\ ct, unless there is anything repugnant in tbe subject or context,-
(1) '.Money~le nde r" means a person ho
a loan .
(2) "Interest" means rate of iotereat and tbe retum to be made over and above what a.etua.lly lent wliethel' the same ill charged or sought to be
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wa,y of btterest or otherwise ;
(3) HLoa•1" means advance {whether of money Ol' in kind) at intetest JDa.de by a lender and sha1t include any bona bearing interest executed in respect of pa-st any i ·a.nt:actiou which in subsba.nce i> a. loan; [Expla· L nation. - A bond bearing interest executed in L
respect of good& taken on cxedit constitutes a
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loan.] and
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respe
loan.
· {4) r. Prescribed'' UJEWH prescribed by rules made under this Act.
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In lua I~:~ ae
:J. I1 the loan actually made be less t han tho lbo sum entered in the bond or band note, the room~y -l ender s shall be guilty of a. oontranntioo of tho proTisioos of this Act and shall , on con· viction , be punishable with fine not exceeding two hundred rupees. /..L.r-,.,.
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