Clause
2
}
Amendment Proposed
the deposit-taking company conforms
with any limitation on the aggregate
amount of any advances, loans, facilities,
guarantees or liabilities which
the deposit-taking company may make
imposed by the Commissioner under
subsection (3)(a) or (6) or by the
terms of the letter of comfort;"; ";
(b) by deleting paragraph (b), and substituting the
following -
-
"(b) by deleting subsection (2) and substituting
י
the following
"(2) The Commissioner may, for the
purposes of paragraph (bb) of the proviso
to subsection (1), accept a letter of
comfort if that letter of comfort
(a)
is given by a bank which
-
(i) is a shareholder in the
deposit-taking company;
(ii)
controls any body corporate
which is a shareholder in the
deposit-taking company; or