Increase of limits on certain exemptions
73. Part XI of the Companies Order (enforcement of fair dealing by directors) is amended as follows—
(a)in Article 340(1)(b) (short-term quasi-loans) for “£1,000” substitute “£5,000”;
(b)in Article 342 (loans of small amounts) for “£2,500” substitute “£5,000”;
(c)in Article 346(4) and (6) (loans or quasi-loans by money-lending company) for “£50,000” substititute “£100,000”.