Microlending Act definition

Microlending Act means the Microlending Act, 2018 (Act No. 7 of 2018); “Minister” means the Minister responsible for finance;

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Microlending Act means the Microlending Act, 2018 (Act No. 7 of 2018);

Microlending Act means the Microlending Act, 2017 (Act No. of 2017);

Examples of Microlending Act in a sentence

• The Lender accordingly reserves the right to increase/decrease the interest rate at any time should the Prime Lending Rate change, and in compliance with the Microlending Act and Regulations.

• Microlenders are regulated under the provisions of the Microlending Act.

• The microlender must, at every licensed premises where the microlender conducts the microlending business – keep available a copy of the Microlending Act, 2018 (Act No. 7 of 2018) (“the Act”), the regulations and the standards issued under the Act which must, on request, be made available to the loan applicant or borrower for perusal.