2
Definitions
Act: Balochistan Prohibition of Private Money Lending Act 2014
Section Provisions
ACT XXV OF 2014 ACT XXV OF 2014 BALOCHISTAN PROHIBITION OF PRIVATE MONEY LENDING ACT, 2014 An Act to prohibit the private money lending in the province of Balochistan 2. Definitions.---In this Act, unless there is anything repugnant in the subject or context,-- (a) "Act" means the Balochistan Prohibition of Private Money Lending Act, 2014; (b) "Government" means the Government of Balochistan; (c) 'Private Money Lender' means a person who lends money in cash or in kind on interest but does not include any corporation incorporated by the Federal or Provincial Government as a bank or a finance corporation or a cooperative society; and. (d) "interest" means and includes the return to be made over and above what was actually lent whether the same is charged or sought to be recovered specifically by way of interest or otherwise.