SCHEDULES

SCHEDULE 16 Amendments of 1974 Act

28

In section 80—

a

in subsection (1), at the beginning there shall be inserted the words “ Subject to subsection (1A) below, ”;

b

after subsection (1) there shall be inserted the following subsection—

1A

Subsection (1) above does not apply in any case where the lender is a registered friendly society or a branch of such a society.