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DR 18/2010
A BILL
i n t i t u l e d
An Act to amend the Hire-Purchase Act 1967.
ENACTED by the Parliament of Malaysia as follows:
1. Short title and commencement
(1) This Act may be cited as the Hire-Purchase (Amendment) Act 2010.
(2) This Act comes into operation on a date to be appointed by the Minister by notification in the Gazette.
2. Amendment of long title
The Hire-Purchase Act 1967 [Act 212], which is referred to as "the principal Act" in this Act, is amended by substituting for the long title the following long title:-
"An Act to regulate the form and contents of hire-purchase agreements, the rights and duties of parties to such agreements and to make provisions for other matters connected therewith and incidental thereto.".
3. Amendment of section 4A
Section 4A of the principal Act is amended:-
(a) by inserting after subsection (1) the following subsection:
"(1A) A hire-purchase agreement shall be in the national language or English language.";
(b) in subsection (2), by substituting for the words "subsection (1)" the words "subsections (1) and (1A)"; and
(c) in subsection (3), by substituting for the words "subsection (1)" the words "subsections (1) and (1A)".
4. Amendment of section 4B
Section 4B of the principal Act is amended:-
(a) by inserting after subsection (2) the following subsection:
"(2A) No owner shall deliver or cause to be delivered to any dealer, agent or person acting on behalf of the owner a hire-purchase agreement or any other form or document relating to a hire-purchase agreement which has not been duly completed.";
(b) in subsection (3):-
(i) by substituting for the words "does not comply with" the word "contravenes"; and
(ii) by substituting for the words "(1) and (2)" the words "(1), (2) and (2A)";
(c) in subsection (4):-
(i) by deleting the word "or" appearing at the end of paragraph (a);
(ii) in paragraph (b), by substituting for the comma the word "; or"; and
(iii) by inserting after paragraph (b) the following paragraph:
"(c) delivers or causes to be delivered a hirepurchase agreement in contravention of subsection (2A),".
5. New sections 4E, 4F and 4G
The principal Act is amended by inserting after section 4D the following sections:
"4E. Motor vehicle registration certificate
(1) Where the goods comprised in a hire-purchase agreement is a motor vehicle, a hirer may make a request in writing to an owner to keep the registration certificate of the motor vehicle.
(2) The owner shall, upon the request of the hirer under subsection (1), furnish the registration certificate of the motor vehicle to the hirer.
(3) For the purpose of subsection (1), registration certificate includes registration book.
(4) An owner who contravenes subsection (1) shall be guilty of an offence under this Act.
4F. Altered or modified motor vehicle
(1) A hire-purchase agreement shall not be entered into where the goods comprised in the hire-purchase agreement is a motor vehicle which has been altered or modified in its construction and structure.
(2) A hire-purchase agreement that contravenes subsection (1) shall be void.
4G. Declaration on second-hand motor vehicle
(1) Where goods to be comprised in a hire-purchase agreement is a second-hand motor vehicle, the person who intends to enter into the hire-purchase agreement in respect of such second-hand motor vehicle shall declare in writing any defects of the second-hand motor vehicle in accordance with the inspection report by the relevant authority determined by the Controller.
(2) For the purpose of subsection (1), "defect" includes defect to the mechanical or operational system, construction, structure and build-up and fitting of the motor vehicle.
(3) Any person who contravenes this section shall be guilty of an offence under this Act.".
6. Amendment of section 5
Section 5 of the principal Act is amended:-
(a) in subsection (1), by substituting for the word "fourteen" the words "twenty-one";
(b) by deleting subsection (1A);
(c) in subsection (2), by substituting for the word "fourteen" the words "twenty-one"; and
(d) by inserting after subsection (3) the following subsection:
"(4) Any person who contravenes this section shall be guilty of an offence under this Act.".
7. Amendment of section 16
Section 16 of the principal Act is amended:-
(a) by substituting for subsection (1) the following subsection:-
"(1) Subject to this section, an owner shall not exercise any power of taking possession of goods comprised in a hire-purchase agreement arising out of any breach of the agreement relating to the payment of instalments unless the payment of instalments amounts to not more than one third of the total cash price of the goods comprised in the hire-purchase agreement and there had been two successive defaults of payment by the hirer and he has served on the hirer a notice, in writing, in the form set out in the Fourth Schedule and the period fixed by the notice has expired, which shall not be less than twenty-one days after the service of the notice.";
(b) by inserting after subsection (1) the following subsections:-
"(1A) Notwithstanding subsection (1), if the payment of instalments made amounts to more than one third of the total cash price of the goods comprised in a hire-purchase agreement and there had been two successive defaults of payment by the hirer, an owner shall not exercise any power of taking possession of the goods comprised in the hire-purchase agreement arising out of any breach of the agreement relating to the payment of instalments unless he has obtained an order of the court to that effect.
(1B) Where an owner has obtained an order of the court under subsection (1A) and he has served on the hirer a notice, in writing, in the form set out in the Fourth Schedule and the period fixed by the notice has expired, which shall not be less than twenty-one days after the service of the notice, the owner may exercise the power of taking possession of goods referred to in subsection (1A)."; and
(c) by renumbering the existing subsection (1A) as subsection (1C).
8. New sections 17A and 17B
The principal Act is amended by inserting after section 17 the following sections:
"17A. Permits for repossession
(1) No person shall undertake repossession of goods comprised in a hire-purchase agreement without a written permit issued by the Controller.
(2) Any person who contravenes subsection (1) shall be guilty of an offence under this Act.
17B. Offence to appoint non-permit holder
(1) An owner shall appoint as his agent to undertake the repossession of goods comprised in a hire-purchase agreement a person who is a permit holder under subsection 17A(1).
(2) An owner who contravenes subsection (1) shall be guilty of an offence under this Act.".
9. New section 30A
The principal Act is amended by inserting after section 30 the following section:
"30A. Booking fee
(1) No owner, dealer, agent or person acting on behalf of the owner shall collect or accept a booking fee from an intending hirer before the receipt of the duly completed form set out in Part II of the Second Schedule by the hirer.
(2) The booking fee referred to in subsection (1) shall not exceed one percent of the cash price of the goods comprised in a hire-purchase agreement.
(3) Notwithstanding anything under this Act, the booking fee shall form part of the deposit under section 31.
(4) An owner, dealer, agent or person acting on behalf of the owner shall refund ninety percent of the booking fee to the intending hirer upon the withdrawal of the booking of the goods comprised in a hire-purchase agreement.
(5) Any person who contravenes this section shall be guilty of an offence under this Act.".
10. Amendment of section 31
Section 31 of the principal Act is amended:-
(a) by inserting after subsection (1) the following subsections:
"(1A) An owner shall collect the deposit upon the signing of the hire-purchase agreement.
(1B) If any owner, dealer, agent or person acting on behalf of the owner fails to deliver the goods intended for the hire-purchase agreement to the intending hirer, the owner, dealer, agent or person acting on behalf of the owner shall refund the full amount of the deposit to the intending hirer."; and
(b) by inserting after subsection (2) the following subsection:-
"(3) Any person who contravenes subsections (1A) and (1B) shall be guilty of an offence under this Act.".
11. Amendment of section 36
Section 36 of the principal Act is amended:-
(a) by substituting for the word "three" the word "ten"; and
(b) by substituting for the word "six" the word "twelve".
12. Amendment of section 38
Section 38 of the principal Act is amended by substituting for the word "ten" the word "thirty".
13. Amendment of section 45
Subsection 45(1) of the principal Act is amended:-
(a) by deleting the word "or" appearing at the end of paragraph (a);
(b) in paragraph (b), by substituting for the comma the word "; or"; and
(c) by inserting after paragraph (b) the following paragraph:
"(c) that is not printed in black,".
14. Substitution of section 46
The principal Act is amended by substituting for section 46 the following section:-
"46. Penalty
(1) Any person who is guilty of an offence under this Act or any regulations made thereunder for which no penalty is expressly provided shall, on conviction, be liable:-
(a) if such person is a body corporate, to a fine not exceeding one hundred thousand ringgit, and for a second or subsequent offence, to a fine not exceeding two hundred and fifty thousand ringgit;
(b) if such person is not a body corporate, to a fine not exceeding twenty-five thousand ringgit or to imprisonment for a term not exceeding three years or to both, and for a second or subsequent offence, to a fine not exceeding fifty thousand ringgit or to imprisonment for a term not exceeding five years or to both.
(2) Where a person, being a director, manager or an officer concerned in the management of the body corporate or was purporting to act in such capacity, is guilty, by virtue of section 47, of an offence under this Act or any regulations made thereunder for which no penalty is expressly provided, he shall be liable to the penalty provided for under paragraph (1)(b).".
15. Amendment of section 50
Section 50 of the principal Act is amended:-
(a) in subsection (1):-
(i) in paragraph (a):-
(A) by substituting for the words "goods or any documents" the words "goods, document or computerized data"; and
(B) by inserting after the words "such document" the words "or computerized data"; and
(ii) in paragraph (b), by substituting for the words "goods and document" the words "goods, document or computerized data";
(b) in subsection (2):-
(i) by substituting for the words "documents and goods" the words "any goods, document or computerized data"; and
(ii) by substituting for the words "the documents and goods" the words "the goods, documents or computerized data"; and
(c) in subsection (3), by substituting for the words "document or goods" the words "goods, document or computerized data".
16. New sections 50A and 50B
The principal Act is amended by inserting after section 50 the following sections:
"50A. Access to computerized data
(1) An Assistant Controller conducting a search under this Act shall be given access to computerized data whether stored in a computer or otherwise.
(2) For the purpose of this section, "access":-
(a) includes being provided with the necessary password, encryption code, decryption code, software or hardware and any other means required to enable comprehension of such computerized data; and
(b) has the same meaning assigned to it by subsections 2(2) and (5) of the Computer Crimes Act 1997 [Act 563].
50B. List of things seized
(1) Where any goods, document or computerized data is seized under this Part, the Assistant Controller shall, as soon as practicable, prepare a list of the things seized and of the places in which they are respectively found and deliver a copy of the list signed by him to the occupier of the premises which has been searched, or to his agent or servant, at the premises.
(2) Where the premises are unoccupied, the Assistant Controller shall whenever possible post a list of the things seized conspicuously on the premises.".
17. Amendment of section 51
Subsection 51(1) of the principal Act is amended:-
(a) by substituting for the word "two" the word "thirty";
(b) by substituting for the words "six months" the words "three years"; and
(c) by deleting subsection (3).
18. Amendment of section 51B
Section 51B of the principal Act is amended:-
(a) by renumbering the existing provision as subsection (1); and
(b) by inserting after subsection (1) the following subsection:
"(2) An Assistant Controller investigating the commission of an offence under this Act or any regulations made thereunder may exercise all or any of the powers in relation to police investigation in seizable cases as provided for under the Criminal Procedure Code [Act 593].".
19. New sections 51C, 51D and 51E
The principal Act is amended by inserting after section 51B the following sections:
"51C. Power of arrest
(1) An Assistant Controller may arrest without warrant any person whom he reasonably believes has committed or is attempting to commit an offence under this Act if the person refuses to furnish his name and address or furnishes an address out of Malaysia or there are reasonable grounds for believing that he has furnished a false name or address or that he is likely to abscond.
(2) An Assistant Controller making an arrest under subsection (1) shall without unnecessary delay make over the person so arrested to the nearest police officer or, in the absence of a police officer, take such person to the nearest police station, and thereafter the person shall be dealt with as provided under the law relating to criminal procedure for the time being in force as if he had been arrested by a police officer.
51D. Power to require attendance of person acquainted with case
(1) An Assistant Controller making an investigation under this Act or any regulations made thereunder may, by order in writing, require the attendance before himself of any person who appears to him to be acquainted with the facts and circumstances of the case, and such person shall attend as so required.
(2) If any person refuses to attend as so required, the Assistant Controller may report such refusal to a Magistrate who shall issue a warrant to secure the attendance of such person as may be required by the order made under subsection (1).
51E. Examination of person acquainted with case
(1) An Assistant Controller making an investigation under this Act or any regulations made thereunder may examine orally any person supposed to be acquainted with the facts and circumstances of the case and shall reduce into writing any statement made by the person so examined.
(2) The person examined under subsection (1) shall be legally bound to answer all questions relating to such case put to him by the Assistant Controller, but such person may refuse to answer any question the answer to which would have a tendency to expose him to a criminal charge or penalty or forfeiture.
(3) A person making a statement under this section shall be legally bound to state the truth, whether or not such statement is made wholly or partly in answer to questions.
(4) The Assistant Controller examining a person under subsection (1) shall first inform that person of the provisions of subsections (2) and (3).
(5) A statement made by any person under this section shall, wherever possible, be reduced into writing and signed by the person making it or affixed with his thumbprint, as the case may be, after:-
(a) it has been read to him in the language in which he made it; and
(b) he has been given an opportunity to make any correction he may wish.".
20. Substitution of section 53
The principal Act is amended by substituting for section 53 the following section:-
"53. Admissibility of statement in evidence
(1) Except as provided in this section, no statement made by any person to any Assistant Controller in the course of an investigation made under this Act or any regulations made thereunder shall be used in evidence.
(2) When any witness is called for the prosecution or for the defence, other than the accused, the court shall, on the request of the accused or the prosecutor, refer to any statement made by that witness to any Assistant Controller in the course of the investigation under this Act or any regulations made thereunder and may then, if the court thinks fit in the interest of justice, direct the accused to be furnished with a copy of it and the statement may be used to impeach the credit of the witness in the manner provided by the Evidence Act 1950 [Act 56].
(3) Where the accused had made a statement during the course of an investigation, such statement may be admitted in evidence in support of his defence during the course of the trial.
(4) Nothing in this section shall be deemed to apply to any statement made in the course of an identification parade or falling within section 27 or paragraphs 32(1)(a), (i) and (j) of the Evidence Act 1950.
(5) When any person is charged with any offence in relation to:-
(a) the making; or
(b) the contents,
of any statement made by him to any Assistant Controller in the course of an investigation made under this Act or any regulations made thereunder, that statement may be used as evidence in the prosecution’s case.".
21. Substitution of section 55
(1) The principal Act is amended by substituting for section 55 the following section:
"55. Prosecution
No prosecution for any offence under this Act shall be instituted except by or with the written consent of the Public Prosecutor.".
(2) The amendment in subsection (1) shall not affect any criminal or civil proceedings pending in any court.
22. Substitution of section 55A
The principal Act is amended by substituting for section 55A the following section:
"55A. Forfeiture of goods, etc, seized
(1) Any goods, document or computerized data seized in the exercise of any power conferred under this Act shall be liable to forfeiture.
(2) An order for the forfeiture or for the release of any goods, document or computerized data seized in the exercise of any power conferred under this Act shall be made by the court before which the prosecution with regard thereto has been held and an order for the forfeiture of the goods, document or computerized data shall be made if it is proved to the satisfaction of the court that an offence under this Act has been committed and that the goods, document or computerized data were the subject matter of or were used in the commission of the offence, notwithstanding that no person may have been convicted of such offence.
(3) If there be no prosecution with regard to any goods, document or computerized data seized in the exercise of any power conferred under this Act, such goods, document or computerized data shall be taken and deemed to be forfeited at the expiration of one calendar month from the date of service of a notice to the person from whom the goods, document or computerized data were seized indicating that there is no prosecution in respect of such goods, document or computerized data, unless a claim thereto is made before that date in the manner set out in subsections (4), (5) and (6).
(4) Any person asserting that he is the owner of the goods, document or computerized data referred to in subsection (3) and that it is not liable to forfeiture may, personally or by his agent authorized in writing, give written notice to the Assistant Controller in whose possession such goods, document or computerized data is held that he claims the goods, document or computerized data.
(5) On receipt of the notice under subsection (4), the Assistant Controller shall refer the notice to the Controller or Deputy Controller, who may, after such enquiries as may be necessary, direct that such property, document or computerized data be released or forfeited or refer the matter to a Magistrate for his decision.
(6) The Magistrate to whom the matter is referred under subsection (5) shall issue a summons requiring the person asserting that he is the owner of the goods, document or computerized data and the person from whom they were seized to appear before such Magistrate and upon their appearance or default to appear, due service of the summons being proved, the Magistrate shall proceed to the examination of the matter and on proof that an offence under this Act has been committed and that such goods, document or computerized data were the subject matter or were used in the commission of such offence shall order the same to be forfeited and shall, in the absence of such proof, order their release.
(7) Any goods, document or computerized data forfeited or deemed to be forfeited shall be delivered to the Assistant Controller and shall be disposed of in accordance with the directions of the Controller.".
23. New sections 55B and 55C
The principal Act is amended by inserting after section 55A the following sections:-
"55B. No costs or damages arising from seizure to be recoverable
No person shall, in any proceedings before any court in respect of any goods, document or computerized data seized in the exercise or the purported exercise of any power conferred under this Act, be entitled to the costs of such proceedings or to any damages or other relief unless such seizure was made without reasonable cause.
55C. Cost of holding property, etc, seized
Where any goods, document or computerized data seized in the exercise of any power under this Act is held in the custody of the Government pending the completion of any proceedings in respect of an offence under this Act or any regulations made thereunder, the cost of holding it in custody shall, in the event of any person being found guilty of an offence under this Act or any regulations made thereunder, be a debt due to the Government by such person and shall be recoverable accordingly.".
24. Substitution of section 56
The principal Act is amended by substituting for section 56 the following section:-
"56. Compounding
(1) The Controller or, in his absence, the Deputy Controller may, with the consent in writing of the Public Prosecutor, compound any offence which is prescribed to be a compoundable offence by making a written offer to the person suspected to have committed the offence to compound the offence upon payment to the Controller or, in his absence the Deputy Controller, of an amount of money not exceeding fifty per centum of the amount of maximum fine for that offence within such time as may be specified in his written offer.
(2) An offer under subsection (1) may be made at any time after the offence has been committed but before any prosecution for it has been instituted, and if the amount specified in the offer is not paid within the time specified in the offer or such extended time as the Controller or, in his absence the Deputy Controller, may grant, prosecution for the offence may be instituted at any time after that against the person to whom the offer was made.
(3) Where an offence has been compounded under subsection (1), no prosecution shall be instituted in respect of the offence against the person to whom the offer to compound was made, and any goods, document or computerized data seized in connection with the offence may be released or forfeited by the Controller or, in his absence the Deputy Controller, subject to such terms and conditions as he deems fit to impose in accordance with the conditions of the compound.".
25. New section 56B
The principal Act is amended by inserting after section 56A the following section:-
"56B. Protection of informers
(1) Except as provided in this section, no witness in any civil or criminal proceedings shall be obliged or permitted to disclose the name or address of any informer or the substance and nature of the information received from him or to state any matter which might lead to his discovery.
(2) If any goods, document or computerized data which is in evidence or liable to inspection in any civil or criminal proceedings contains any entry in which any informer is named or described or which might lead to his discovery, the court shall cause all such entries to be concealed from view or to be obliterated so far as may be necessary to protect the informer from discovery.
(3) If in a trial for any offence under this Act or any regulations made thereunder, the court after full inquiry into the case believes that the informer wilfully made in his complaint a material statement which he knew or believed to be false or did not believe to be true, or if in any other proceedings the court is of the opinion that justice cannot be fully done between the parties to the proceedings without the discovery of the informer, the court may require the production of the original complaint, if in writing, and permit inquiry and require full disclosure concerning the informer.".
26. Amendment of section 57
Section 57 of the principal Act is amended:-
(a) in subsection (2), by substituting for paragraph (b) the following paragraph:-
"(b) prescribe all matters relating to the issuance of permits granted under this Act, including the procedure for application, fees, forms, conditions and duration of the permits;"; and
(b) by inserting after subsection (2) the following subsection:
"(3) The regulations made under this section may provide for:-
(a) any act or omission in contravention of the regulations to be an offence; and
(b) the imposition of penalties of a fine not exceeding thirty thousand ringgit or imprisonment for a term not exceeding three years or to both.".
EXPLANATORY STATEMENT
This Bill seeks to amend the Hire-Purchase Act 1967 ("Act 212").
2. Clause 1 of the Bill contains the short title and the provision on the commencement date of the proposed Act.
3. Clause 2 of the Bill seeks to amend the long title of Act 212 to expand the scope of Act 212 to include other matters relating to hire-purchase agreements.
4. Clause 3 of the Bill seeks to amend section 4A of Act 212 by introducing subsection (1A) to require hire-purchase agreements to be either in the national language or English language.
5. Clause 4 of the Bill seeks to introduce a new subsection (2A) into section 4B of Act 212 to clarify further the duties and responsibilities of an owner to complete hire-purchase agreements and other documents related to hire-purchase agreements.
6. Clause 5 of the Bill seeks to introduce new sections 4E, 4F and 4G into Act 212. The proposed section 4E seeks to allow the hirer to keep the motor vehicle registration certificate upon request made to the owner. The proposed section 4F seeks to prohibit any hire-purchase agreement in respect of altered or modified motor vehicles. The proposed section 4G seeks to require a declaration to be made of any defect on second-hand motor vehicles if the motor vehicles are goods comprised in hire-purchase agreements.
7. Clause 6 of the Bill seeks to amend section 5 of Act 212 to provide more time for an owner to complete and serve hire-purchase agreements and other related documents on hirers by extending the period of fourteen days to twenty-one days. The amendment further provides that the failure of an owner to serve the hire-purchase agreement and other related documents within the stipulated time is an offence.
8. Clause 7 of the Bill seeks to amend section 16 of Act 212 to impose new conditions on the owner in relation to repossession under this Act.
9. Clause 8 of the Bill seeks to introduce new sections 17A and 17B into Act 212 respectively to require any person who is engaged in repossession activity to obtain a permit from the Controller and to require an owner to appoint only permit holders under section 17A to undertake repossession.
10. Clause 9 of the Bill seeks to introduce a new section 30A into Act 212 to regulate booking fees.
11. Clause 10 of the Bill seeks to introduce new subsections (1A) and (1B) into section 31 of Act 212 to require deposit to be collected upon the signing of hire-purchase agreements and to provide remedy to the hirer in the event the owner, dealer, agent or person acting on behalf of the owner fails to deliver the goods intended for the hire-purchase agreement.
12. Clauses 11 and 12 of the Bill seek to amend sections 36 and 38 of Act 212 respectively to provide for an increase in penalty.
13. Clause 13 of the Bill seeks to amend section 45 of Act 212 to provide that a hire-purchase agreement which is not printed in black shall be deemed not to be in writing.
14. Clause 14 of the Bill seeks to amend section 46 of Act 212 to provide general penalty for bodies corporate and to increase the general penalty for offences committed under Act 212.
15. Clause 15 of the Bill seeks to amend section 50 of Act 212 to provide that computerized data may also be seized in the exercise of the power of enforcement under Act 212.
16. Clause 16 of the Bill seeks to introduce new sections 50A and 50B into Act 212 to provide that Assistant Controllers shall have access to computerized data. The new section 50B seeks to require Assistant Controllers to prepare a list of things seized.
17. Clause 17 of the Bill seeks to amend section 51 of Act 212 to increase the penalty for non-compliance.
18. Clause 18 of the Bill seeks to amend section 51B to provide that Assistant Controllers shall have the power in relation to police investigation in seizable cases under the Criminal Procedure Code.
19. Clause 19 of the Bill seeks to introduce new sections 51C, 51D and 51E into Act 212. The proposed section 51C empowers an Assistant Controller to arrest without warrant any person whom he believes has committed an offence under Act 212 and such person is likely to abscond. The proposed section 51D allows an Assistant Controller to order the attendance of persons acquainted with a case under investigation. The proposed section 51E empowers an Assistant Controller to examine orally any person supposed to be acquainted with the facts and circumstances of the case.
20. Clause 20 of the Bill seeks to substitute section 53 of Act 212 which deals with the admissibility of statement in evidence.
21. Clause 21 of the Bill seeks to substitute section 55 of Act 212 to clarify that prosecution for an offence shall be instituted with the consent of the Public Prosecutor.
22. Clause 22 of the Bill seeks to introduce a new section 55A into Act 212 which deals with the forfeiture of anything seized under Act 212.
23. Clause 23 of the Bill seeks to introduce new sections 55B and 55C into Act 212. The proposed section 55B provides that no costs or damages arising from the seizure of anything under the Act shall be recoverable in any proceedings before any court unless the seizure was done without reasonable cause. The proposed section 55C provides that the costs of holding anything seized and held in the custody of the Government will be a debt due to the Government and shall be recoverable accordingly if that person is found guilty.
24. Clause 24 of the Bill seeks to substitute section 56 of Act 212 to require the Controller or, in his absence, the Deputy Controller, to obtain the consent of the Public Prosecutor prior to compounding offences under Act 212.
25. Clause 25 of the Bill seeks to introduce a new section 56B into Act 212 which sets out provisions to protect informers in any civil or criminal proceedings.
26. Clause 26 of the Bill seeks to amend section 57 of Act 212 to empower the Minister to make regulations relating to the issuance of permits in respect of repossession activity under Act 212 and to set out the penalties that may be prescribed in regulations made under Act 212.
FINANCIAL IMPLICATIONS
This Bill will not involve the Government in any extra financial expenditure.