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Banking and Financial Institutions Act 1989 · s 4
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Banking and Financial Institutions Act 1989 · s 4
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
No person shall carry on—
banking, finance company, merchant banking or discount house business, unless it is a public company; or
money-broking business, unless it is a corporation, and holds a valid licence granted under section 6 (4) to carry on such business.
A bank . . .