Section 61
Extension of jurisdiction
of Development Financial Institutions Act 2002
ActIn forceProvision 77 of 248
Section 61
Any reference in this Part to a prescribed institution shall be read as including a reference to—
*NOTE—The Companies Act 1965 [Act 125] has been repealed by the Companies Act 2016 [Act 777]
which comes into operation on 31 January 2017–see subsection 620(1) of Act 777.
Development Financial Institutions 83
(a)
its related corporation; and
(b)
a person controlled by a director or directors of the prescribed institution, or by persons acting in concert with a director or directors of the prescribed institution.