SCHEDULES

SCHEDULE 16Amendments of 1974 Act

28In 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.