Section 23

any of its directors as dbfined in section 21 and subject to that section;

any firm in which it or/any of its directors (as defined in section 21), is interested as partner, manager or agent or any individual or firm of whom or of which any of its directors is a guarantor;

Sf

any of its subsidiaries or related companies;

any-ofits-efficers-or employees;

Loans to directors prohibited.

<— AAO3L

— . Act 330

Restrictions on invest-ments.

Central

Bank may take action if advances are against interests of depositors.

D/Act 330

D/A<} 320

[S. 23-25]

14 Act 6

—-

Sides. Hef 220 (e) any private or public dorporation in which it or

Statement of liabilities and assets of offices to be furnished.

Ad of

Information and data to be supplied.

A634 —>

PACH any of its directors (as defined in section 21), officers or employees [is interested as a director, manager, agent or guar. antor;

any individual in whom or any firm or corporation in which any of its directors is interested directly or indirectly other than such advances, loans and credit facilities, particulars of which have already been supplied pursuant to paragraphs (a) to (e).

If on examination of the particulars supplied by a licensed borrowing company under sub-section (1) it appears to the Central Bank that any advances, loans or credit facilities are being granted to the detriment of the interests of the depositors of the licensed borrowing company the

Central Bank may by order in writing to the licensed borrowing company prohibit the licensed borrowing com-pany from granting any further advances, loans or credit facilities or impose such restrictions on the grant thereof as the Central Bank thinks fit and may further ordér the licensed borrowing company to secure repayment of any loans within such time and to such extent as may be specified in the order.