Clause
11
Amendment Proposed
amount permissible by this section,
and immediately after such commencement,
specification or withdrawal did exceed the
amount permissible under this section, the
deposit-taking company may
(i) permit such advances or loans
included in computing such
aggregate to be outstanding
until the maturity thereof;
(ii) permit such facilities, guarantees
or liabilities so included to be
outstanding until they may lawfully
be terminated without penalty to
the deposit-taking company:
Provided that, in either case, no new
advances, loans, facilities, guarantees or
liabilities which are to be included in
computing such aggregate are granted while
the limit is so exceeded.
(8) No letter of comfort accepted by
the Commissioner under subsection (2) or
deemed to be accepted under subsection (5)
in accordance with his powers under this
section shall authorize any advances, loans,
facilities, guarantees or liabilities which
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