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be absolutely protected from all liability
in respect of their statements, but only
when these statements are made in good
faith.
Section 350. Savings banks should if
possible be defined more exactly than by the
use of the words "receives on deposit
minor sus", etc., a.g. the amount of the
sum might be specified. It could then be
left to a Court of Law to say whether a
banking company is or is not a savings bank
company within the terms of the Ordinance.
If the proviso remains, the words "not-
withstanding anything contained in this
section" should be deleted, since the
Governor in Council should be guided by
the previous provisions in arriving at a
decision whether the company is conducting
in
a daringe bank business.
It should also
be made clear that if a business is declared
to be a savings bank business the company
should