15.—(1) Any person who, in connection with an application for the issue or renewal of a licence or for the approval of any place of business for moneylending —
(a)
knowingly or recklessly furnishes any information or statement to the Registrar which is false or misleading in a material particular;
(b)
wilfully omits to state any matter without which the application is misleading in a material particular; or
(c)
produces to the Registrar any book, record or other document which he knows or has reason to believe contains information which is false or misleading in a material particular,
shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $40,000 or to imprisonment for a term not exceeding 12 months or to both.
(2) Any licensee who —
(a)
contravenes any condition of his licence; or
(b)
carries on the business of moneylending under any name other than his business name,
shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $20,000.