Section 37

any of its directors (as defined in subsection (3) of section 26);

any firm in which it or any of its directors (as defined in subsection (3) of section 26) is interested as partner, manager, agent or guarantor;

any individual of whom any of its directors (as defined in subsection (3) of section 26) is a guarantor;

any corporation which is deemed to be related to the bank as described in section 6 of the Companies Act, 1965;

any of its officers, employees or other persons being persons receiving remuneration from it (other than accountants, advocates and solicitors, architects, estate agents, doctors and any other persons receiving remuneration from a bank in respect of their professional services) in excess of six months' remuneration of the officer, employee or other person;

any corporation in which it or any of its directors (as defined in subsection (3) of section 26), officers, employees or other persons being persons receiving remuneration from it (other than accountants, advocates and solicitors, architects, estate agents, doctors and any other persons receiving remuneration from a bank in respect of their professional

BANKING services) is interested as a director, manager, agent or guarantor or in shares of which any of the aforesaid persons has interest within the meaning of subsection (2) of section 27; and

any individual in whom and any firm or corporation in which any of its directors is interested, directly or indirectly, as declared under the provisions of section 28 other than advances, loans and credit facilities, particulars of which have already been supplied pursuant to the preceding paragraphs.

If on examination of the particulars supplied by a licensed bank under subsection (1) it appears to the Central Bank that any such advance, loan or credit facility is being granted to the detriment of the interests of the depositors of that bank, the Central Bank may by order in writing prohibit that bank from granting any further advance, loan or credit facility or impose such restrictions on the grant thereof as the Central Bank thinks fit, and may further direct that bank to secure repayment of any such advance, loan or credit facility within such time and to such extent as may be specified in the order.

Any bank which has been issued with an order by the Central Bank pursuant to this section, may appeal in writing to the Minister, who may, as he thinks fit, confirm, vary or revoke the order of the Central Bank.