Clause 25
Amendment of section 21
of Variable Capital Companies (Miscellaneous Amendments) Bill
BillNot in forceProvision 24 of 68
Clause 25
Section 21(2) of the principal Act is amended —
(a)
by deleting the words “Part X of the Companies Act” in paragraph (a)(i) and substituting the words “Part 8 of the IRDA”; and
(b)
by deleting the words “section 130” in paragraph (a)(ii) and substituting the words “section 130B”.