Section 25
Restrictions on trade by finance companies
ActIn forceProvision 29 of 69
Section 25
(1)
A finance company must not engage, whether on its own account or on a commission basis, and whether alone or with others, in the wholesale or retail trade, including the import or export trade, except for the purpose of carrying on its financing business.
(2)
Except as is otherwise provided in this Act, a finance company must not carry on any kind of business other than financing business.