( 1 ) Any money-lender \t~liether licensed or not -
(a) wlio actually advances an anlounl less than the an~ourlt shown in his acccunts or registers or other documents relating to thc loan, or
(b) wlio taltes or receives interest or any other charge nt a rate higher than the rate 5110~11 in the accountc, regrsters 01- doci!mel:ts aforesaid c r allo\\jed undcr :his Rcgi~lation, shall be punished with imp^-i~onment for a term \I liich may cstcnti to srx monthr, or with fine wliich may extend to one thousaritl rupecs, or \ v ~ t l ~ both.
(2) lf a money-lcnder is convicted of a n offence under sub-section ( I ) , the Cour t convicting him niay cancel his ticencc as a money-lc12der.
Moneylender advancing smaller anlou,nt or securlng higher interest than chat specified In the accounts, etc.. to be punishable.
13. N o Court shall take cognizance of an offence punishable under this Regula- Cognizance of offences.
tion o r tlie rules nlade thereunder except o n a complaint in writing ~ i l ade by any prescribed authority.
14. Whoever molests c r abets the molestation of any debtor for the recovery Penalty for ~llolestation of any loan shall be punished with imprisonment for a term which may extend to of debtor.
six months, or with fine which may extend to one thousnnd rupees, or with both.