Clause 95
Amendment of section 9
of Financial Institutions (Miscellaneous Amendments) Bill
BillNot in forceProvision 94 of 111
Clause 95
In the Trust Companies Act 2005, in section 9, replace subsections (2) and (3) with —“(2) Any licensed trust company that, without reasonable excuse, contravenes subsection (1) shall be guilty of an offence.”.