Any person may apply under section 91(1) of the Moneylenders Act 2008 to exempt his business from all or any of the provisions of the same Act. You may submit an application to the Registry with the following information ready:

(a) A write-up containing:

(i) a brief description of the applicant’s current business activities;

(ii) a profile of the applicant, including any experience in moneylending or related business activities; and

(iii) the reason(s) for seeking an exemption

(b) A copy of the applicant’s Business Profile issued by ACRA;

(c) The telephone number(s) of the applicant;

(d) A detailed description of each type of activity for which the exemption is sought ;

(e) Profile(s) of borrowers;

(f) The interest and fees, if any, which the applicant intends to charge; and

(g) A draft scope of exemption for our consideration