Clause 15
Amendment of section 24
of Finance Companies (Amendment) Bill
BillNot in forceProvision 15 of 24
Clause 15
Subsection (5) of section 24 of the principal Act is hereby amended —
(a)
by deleting the word “exceeding” appearing in the fifth line thereof and substituting therefor the words “less than”; and
(b)
by inserting immediately after the word “deposits” appearing in the eighth line thereof the words “or enter into new commitments”.