Clause 13

by inserting immediately after the word “therein” appearing in the second line thereof the words “exceeding in the aggregate at any one time twenty-five per centum of the finance company’s paid-up share capital and published reserves”;

by renumbering the existing section as subsection (1); and

by adding thereto the following new subsections: —“(2) This section shall not apply to such property as may from time to time be approved by the Commissioner.(3) The Registrar of Titles in issuing any certificate of title or registering any assurance in the Registry of Titles and Deeds or any purchaser shall be exonerated from enquiring as to any matter or fact relating to the title of a finance company to, or to the power of a finance company in dealing with, any immovable property, or any right, title and interest therein, which has been purchased or acquired in contravention of the prohibition contained in this section and shall be protected from the effect of notice of any such matter or fact.”.