(1) Every pawn-broker shall regularly record and maintain an account in which, in addition to the particulars specified in section 10, the following particulars shall be recorded, namely: — Duty of pawn-brokci to keep accounts.
(a) a full and detailed description of the article or of each of the articles taken in pawn;
(b) the time agreed upon for the redemption of the pawn;
and
(c) the name and address of the pawnor and, where the pawnor is not the owner of the article or of any of the articles pawned, the name and address of the owner thereof.
(2) At the time of taking any article in pawn, every pawnbroker shall deliver to the pawnor a receipt signed by the pawnbroker, which shall, in addition to the particulars specified in subsection (1), mention the sum for which the article has been pawned and the rate of interest chargeable on such sum.
12. Every money-lender shall, in respect of every loan, give to the debtor a receipt for every sum paid by or on behalf of the debtor, duly signed emd, if necessary, stamped, at the time of such payment or within a reasonable time thereafter, and shall also permit the debtor or his agent to endorse such payment on the document, if any, evidencing the loan.
Receipt to be given for every sum paid by debtor.
13. Every money-lender shall—
(a) deliver to the borrower at the time a loan is advanced a statement (in the language commonly spoken in the Islends or in the English language as the borrower may desire) in such Furnishing statement of account to borrowers.
6KC. 1] THE GAZETTE OF INDIA EXTRAORDINARY 4 4 IT form as may be prescribed and showing such particulars of the loan and such other information in connection therewith as may be prescribed;
(b) upon repayment in full of a loan mark indelibly every paper signed by the borrower with words either indicating full payment or cancellation of such paper and shall discharge any mortgage, restore any pledge, return any note and cancel any assignment given by the borrower as security for such loan.