Clause
9
Amendment Proposed
(i)
the deposit-taking company
has failed to comply with such
limit or requirement; or
(ii) it is in the interests of
depositors so to do; or
(b)
where any such limit has not been
so specified or such a requirement
imposed, specify such limit or
impose such requirement,
and the provisions of subsection (2)
shall apply in relation to the exercise
of the powers of the Commissioner under
this section as they do in relation to
the exercise of his powers under that
subsection.
(7)
Notwithstanding. subsection (1),
where the aggregate amount of any advances,
loans, facilities, guarantees or liabilities
immediately prior
(a)
to the commencement of the
of 1983.)
Deposit-taking Companies (Amend-
ment) Ordinance 1983 did not exceed
the limit as then permissible
under this section;