{"product_id":"the-law-of-moneylenders-credit-community-lending-by-r-k-nandy-2026","title":"The Law of Moneylenders (Credit Community Lending) by R. K. Nandy | 2026*","description":"\u003ch2 style=\"text-align: center;\"\u003eThe Law of Moneylenders (Credit Community Lending) by R. K. Nandy | 2026*\u003c\/h2\u003e\n\u003ctable style=\"width: 99.9209%;\"\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 39.7411%;\"\u003e\u003cstrong\u003eAuthor\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd style=\"width: 60.1606%;\"\u003e\u003cb\u003eR. K. Nandy, Kong Ah Sing \u0026amp; Chia Kee Chun\u003c\/b\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 39.7411%;\"\u003e\u003cstrong\u003ePublication Date\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd style=\"width: 60.1606%;\"\u003e\n\u003cstrong\u003eOctober 2026\u003c\/strong\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 39.7411%;\"\u003e\u003cstrong\u003eISBN\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd style=\"width: 60.1606%;\"\u003e\u003cstrong\u003e9786299501589\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 39.7411%;\"\u003e\n\u003cstrong\u003eFormat\u003c\/strong\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003ctd style=\"width: 60.1606%;\"\u003e\u003cstrong\u003eHardcover\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"width: 39.7411%;\"\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd style=\"width: 60.1606%;\"\u003e\u003cstrong\u003eMarsden\u003c\/strong\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\n\u003cp\u003e\u003cem\u003e\u003cspan\u003eMoneylending under the Moneylenders Act 1951 \u0026amp; Regulations (Act 400)\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e offers a comprehensive guide to the laws governing Malaysia’s moneylending industry. Combining the principal Act, subsidiary regulations and relevant case law, it helps practitioners understand the legal and practical issues surrounding community credit lending.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cstrong\u003eKey Insights of The Law of Moneylenders (Credit Community Lending) by R. K. Nandy:\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eRisks of a single loan:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Section 10OA creates a rebuttable presumption that even one interest-bearing loan amounts to carrying on a moneylending business. An unlicensed lender may therefore need to prove otherwise.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eDisguised lending arrangements:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Courts may examine the substance of sale and purchase agreements or investment contracts to identify concealed moneylending transactions. Agreements used to disguise illegal lending may be declared void and unenforceable under section 15.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eRecovery of the principal sum:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e The book considers restitution under section 66 of the Contracts Act 1950 alongside the “Detik Ria Guidelines”, including how proportionality, the significance of the illegality and the parties’ responsibility affect recovery.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eCompliance with prescribed requirements:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Using the wrong agreement form, such as Schedule J for a secured loan, may affect enforceability. The book also examines judicial approaches to substantial compliance and specific waivers granted by the Registrar.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cstrong\u003eEssential Information of The Law of Moneylenders (Credit Community Lending) by R. K. Nandy:\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eNationwide application:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Following the 2011 amendments, Act 400 applies throughout Malaysia.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eRegulatory requirements:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e The Act prohibits compound interest and requires prescribed agreement forms under Schedules J and K, together with attestation by authorised persons.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eProfessional responsibilities:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e The book highlights the implications of Malaysian Bar Council Ruling 14.26 and the potential disciplinary and criminal consequences of involvement in unlawful moneylending, including under section 29AA.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cstrong\u003eTable of Contents of The Law of Moneylenders (Credit Community Lending) by R. K. Nandy:\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003ePart One – Introduction to the Moneylenders Act 1951 (Act 400)\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan\u003eOverview and Regulatory Framework of Act 400\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRecent Amendments; Significance of the 2003 (Act A1193) and 2011 (Act A1390) Amendments\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eCore Issues in Moneylending Transactions: Legislation, Terminology, Principles and Practice\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eLoans by Persons Other Than a Licensed Financial Institution or Licensed Moneylender\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e“Moneylending”, “Friendly Loan” and “Carrying On Business as a Moneylender”\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eRevealing a “Sham” Sale \u0026amp; Purchase Agreement in Illegal Moneylending\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSham S\u0026amp;P as “Security Documentation” – The National Land Code (Act 828)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMisuse of Two Contemporaneous Contractual Documents as Security\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMisuse of “Return on Investment”, “Dividends” etc. to Camouflage Illegal Moneylending\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eS\u0026amp;P Agreement Forbidden by Law, Voidable or Void\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eApplying the Principles of Restitution\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eSection 66 Contracts Act 1950 and the Detik Ria Guidelines\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eTotal Failure of Consideration; Rescission and Restitution after Lim Swee Choo\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAllegation of Forgery and of Blank Documents – Burden of Proof\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eAdverse Inference – Section 114(g) Evidence Act 1950\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe Parol Evidence Rule\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMalaysian Bar Council’s Rules \u0026amp; Rulings\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eProhibition of Assisting Unlicensed Moneylending (s. 29AA); Employing Agents or Canvassers (s. 27A)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eMoneylender’s Actions under Order 79 Rules of Court 2012\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eEnforcement of Act 400\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eE-Moneylending\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003eThe Consumer Credit Act 2025 (Act 873): Credit Community Companies and the Consumer Credit Commission of Malaysia; Schedules; Application; Jurisdiction\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003ePart Two – The Moneylenders Act 1951 (Act 400): Principal Legislation \u0026amp; Practice\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003ePart I – Preliminary\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSection 1:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Short Title, Scope and Purpose; Strict Adherence; Presumption of Settlement; Order 14 Summary Judgment\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSection 2:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Interpretation: “Interest”, “Moneylender” and Proving the Business of Moneylending\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 2A–4A:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Non-application and Exemption; Registrar, Inspectors and Delegation of Powers\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003ePart II – Licensing of Moneylenders\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 5–5F:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Licence, Application, Grant, Duration, Conditions, Renewal, Display; Compounding of Offences\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 6–8:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Particulars on Licences; Offences; Void Agreements under the Contracts Act 1950\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 9–9H:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Refusal, Revocation and Suspension; Hearing and Appeal; Surrender, Transfer and Change of Profile\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003ePart III – Investigation, Search, Seizure and Arrest\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 10A–10K:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Inspectors’ Powers; Examination; Search by Warrant; Arrest; Seizure; Computerised Data; Release of Property\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003ePart IV – Evidence\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 10L–10OC:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Accomplice and Agent Provocateur; Informers; Statements; Presumption as to the Business of Moneylending; Previous Convictions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003ePart V – Conduct of Moneylending Business\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSection 10P:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Licensee and Borrower Must Enter into Moneylending Agreement\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 11–12:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Advertisement, Advertisement Permits and Renewal; No Circular Implying Banking\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSection 15:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Contract by Unlicensed Moneylender Unenforceable; Dishonoured Cheques\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSection 16:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Moneylending Agreement: Signing, Stamping, Delivery; False or Blank Amounts (s. 27B); Attestation (s. 27)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 17–17A:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Prohibition of Compound Interest; Interest on Secured and Unsecured Loans\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSection 18:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Duty to Keep Original Agreement and Accounts; Wrong Use of Prescribed Form\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 19–21:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Information on State of Loan; Bankruptcy Proceedings; Accounts Produced When Suing\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 23–26:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Charges for Expenses; Assignment of Debts; Application of Act to Assignees\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003ePart VI – Miscellaneous\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 27–27B:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Attestation; Prohibition of Agents or Canvassers; Untrue or Blank Amounts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 29–29B:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e False Statements; General Offences; Assisting Unlicensed Moneylending; Harassment of Borrower\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 29C–29K:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Offences by Bodies; Prosecution; Compounding; Jurisdiction; Regulations; Informer Rewards; Sabah \u0026amp; Sarawak\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cspan\u003eSections 30–31:\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e Deleted and Omitted Provisions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eIndex\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan\u003eFind more books like The Law of Moneylenders (Credit Community Lending): \u003ca href=\"https:\/\/www.joshualegalartgallery.com\/collections\/banking-and-finance\" title=\"Banking \u0026amp; Finance Law\"\u003e\u003cspan style=\"color: rgb(43, 0, 255);\"\u003eBanking \u0026amp; Finance Law\u003c\/span\u003e\u003c\/a\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Law Books Malaysia | Joshua Legal Art Gallery","offers":[{"title":"Default Title","offer_id":47002380107972,"sku":null,"price":405.0,"currency_code":"MYR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0036\/0405\/4062\/files\/Library_Poster_69.jpg?v=1791949129","url":"https:\/\/www.joshualegalartgallery.com\/products\/the-law-of-moneylenders-credit-community-lending-by-r-k-nandy-2026","provider":"Law Books Malaysia | Joshua Legal Art Gallery","version":"1.0","type":"link"}