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Section 104

Application of sections 84 to 86

of Development Financial Institutions Act 2002

ActIn forceProvision 125 of 248
Section 104
(1)

Where the Minister decides that it is necessary to examine the business and affairs of a development financial institution under paragraph 103(1)(b), sections 84 to 86 shall apply to the development financial institution as if it was prescribed in such manner, to such

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extent, and with all such amendments as the Minister may, on the recommendation of the Bank, prescribe.

(2)

An order of the Minister under subsection (1) shall be deemed to be an integral part of this Act and be read as one with this Act, and shall have full force and effect notwithstanding anything inconsistent with, or contrary to this Act.