Banking and Financial Institutions Act 1989 · s 130

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s 130

Where in any written law, any reference is made to—

(a)

any of the repealed Acts, it shall be construed as a reference to this Act;

(b)

any specific provision of any of the repealed Acts, it shall be construed as a reference to a provision of this Act which corresponds as nearly as may be to such specific provision;

(c)

a bank licensed under the Banking Act 1973, it shall be construed as a reference to a licensed bank or a licensed merchant bank, according as to whether it is carrying on banking business or merchant banking business; or

(d)

a finance company licensed under the Finance Companies Act 1969, it shall be construed as a reference to a licensed finance company.