Clause
8
9
DEPOS IT-TAKING COMPANIES (AMENDMENT) BILL 1983
COMMITTEE STAGE
Amendments to be moved by the Financial Secretary
Amendment Proposed
That clause 8 be amended in new subsection (1A) by
deleting "previous year" and substituting "year previous
to the year in respect of which the dividend is declared",
That clause 9 be amended
(a)
in paragraph (a)
(i) by inserting a dash after "subsection (1)"
and redesignating the remainder of the paragraph
to be sub-paragraph (i);
(ii) by inserting after sub-paragraph (i) the
following
"(ii) by inserting after paragraph (b) of
the proviso the following
-
"(bb)
1
a deposit-taking company the
liabilities of which are assured by a
letter of comfort accepted by the
Commissioner under subsection (2)
or deemed to have been accepted
by him under subsection (5) while