SCHEDULES
SCHEDULE 7 Other amendments of 1986 Act
Directors etc. not to accept commissions in connection with loans
I125
1
In subsection (1) of section 67 of the 1986 Act (directors etc. not to accept commissions in connection with loans), for the word “advances” there shall be substituted the word “
loans
”
.
2
In subsection (5) of that section, for the words “an additional advance”, “an advance” and “the advance” there shall be substituted the words “
an additional loan
”
, “
a loan
”
and “
the loan
”
respectively.
3
In subsection (7) of that section, for the words “an advance” there shall be substituted the words “
a loan
”
.