Clause 2

by inserting, immediately before the definition of “auditor”, the following definition:“ “agreement” means an agreement whether formal or informal and whether express or implied;”;

by inserting, immediately after the definition of “company”, the following definition:“ “credit facilities” means —

the granting by a finance company of advances, loans and other facilities whereby a customer of the finance company has access to funds or financial guarantees; or

the incurring by a finance company of other liabilities on behalf of a customer;”;

by inserting, immediately after the word “public” at the end of the definition of “financing business”, the words “and such other business as the Authority may prescribe for the purposes of this Act”;

by inserting, immediately after the definition of “financing business”, the following definitions:“ “officer”, in relation to a corporation, includes —

a director, secretary or employee of a corporation;

a receiver or manager of any part of the undertaking of the corporation appointed under a power contained in any instrument; and

the liquidator of a company appointed in a voluntary winding up;“person” includes a corporation;”; and

by deleting the full-stop at the end of the definition of “public company” and substituting a semi‑colon, and by inserting immediately thereafter the following definition:“ “share”, in relation to a finance company, means a share in the share capital of a finance company and includes an interest in such a share.”.