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Statutory rights and duties of the parties under the Malaysian Moneylenders Law.


Citation

Muhammad Arif, Afida Mastura and Parry, Deborah (2008) Statutory rights and duties of the parties under the Malaysian Moneylenders Law. International Review of Business Research Papers, 4 (3). pp. 11-22. ISSN 1832-9543

Abstract / Synopsis

This article will consider the aspects of reform brought by the Malaysian Moneylenders (Amendment) Act 2003 in regard to the statutory rights and duties of the borrower and the moneylender under the moneylending transaction. Such rights and duties, which are derived from the moneylenders law and the moneylending agreement will be analysed to determine whether they are adequate to protect the interest of the borrowers, and whether the reform under the 2003 Act has addressed the weaknesses under the old law in strengthening the position of the borrowers in the moneylending transaction.


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Additional Metadata

Item Type: Article
Subject: Loans, Personal - Law and legislation - Malaysia.
Subject: Moneylenders - Malaysia.
Subject: Consumer credit.
Divisions: Faculty of Human Ecology
Publisher: World Business Institute
Keywords: Consumer lending.
Depositing User: Emelda Mohd Hamid
Date Deposited: 23 Jul 2012 09:11
Last Modified: 23 Oct 2015 14:54
URI: http://psasir.upm.edu.my/id/eprint/16844
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