Skip to content
Back to the text

Banking and Financial Institutions Act 1989 · s 59

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?

The text as we hold it

Open the official text

s 59

A licensed institution shall not give any credit facility, or enter into any other transaction, against the security of its own shares or the shares of its holding company.