THE ASSAM MONEY LENDERS' ACT, 1934

{
    "id": 208,
    "slug": "assam-money-lenders-act-1934-assam",
    "title": "THE ASSAM MONEY LENDERS' ACT, 1934",
    "short_title": "The Assam Money Lenders' Act, 1934",
    "act_number": "IV of 1934",
    "act_year": 1934,
    "act_type": "STATE",
    "location": "Assam",
    "law_status": "amended",
    "enactment_date": "1934-06-27",
    "description": "The Assam Money Lenders' Act, 1934",
    "preamble": "",
    "section_label": "Section",
    "sections": [
        {
            "number": "1",
            "title": "An ACT",
            "chapter": null,
            "content": "An Act to provide for more effectual control of money-lending in Assam.\n\nWHEREAS it is expedient to make better provision for the control of money-lending and to give additional powers to Courts to deal with money-lenders in Assam:\n\nAnd whereas the previous sanction of the Governor General has been obtained under sub-section (3) of section 80A of the Government of India Act to the passing of this Act.\n\nIt is hereby enacted as follows:-",
            "footnote": "[Published in the Assam Gazette of the 27th June 1934.]",
            "is_definition": false,
            "sort_order": 0
        },
        {
            "number": "1",
            "title": "Section 1(1)",
            "chapter": null,
            "content": "This Act may be called the Assam Money-Lenders Act, 1934.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 10
        },
        {
            "number": "1",
            "title": "Section 1(2)",
            "chapter": null,
            "content": "It extends to the whole of Assam including the territories mentioned in section 14 of the Assam General Clauses Act, 1915.",
            "footnote": "Assam Act II of 1915.",
            "is_definition": false,
            "sort_order": 20
        },
        {
            "number": "1",
            "title": "Section 1(3)",
            "chapter": null,
            "content": "It shall come into force on such date as the Local Government may by notification direct.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 30
        },
        {
            "number": "2",
            "title": "Section 2",
            "chapter": null,
            "content": "In this Act, unless there is anything repugnant in the subject or context,-",
            "footnote": "",
            "is_definition": false,
            "sort_order": 40
        },
        {
            "number": "2",
            "title": "Section 2(1)",
            "chapter": null,
            "content": "\"Money-lender\" means a person who grants a loan,",
            "footnote": "",
            "is_definition": false,
            "sort_order": 50
        },
        {
            "number": "2",
            "title": "Section 2(2)",
            "chapter": null,
            "content": "\"Interest\" means rate of interest and includes the return to be made over and above what was actually lent whether the same is charged or sought to be recovered specially by way of interest or otherwise.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 60
        }
    ],
    "metadata": {
        "Act ID": "193404",
        "Act Number": "IV of 1934",
        "Enactment Date": "1934-06-27",
        "Act Year": "1934",
        "Short Title": "The Assam Money Lenders' Act, 1934",
        "Department": "Local Government",
        "Type": "STATE",
        "Location": "Assam"
    },
    "updated_at": "2026-09-29 21:52:03"
}