Trade Loans (Guarantee) (Amendment) Act, 1933
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Amendment of section 1 of the Act of 1924. |
4.— Section 1 of the Act of 1924 is hereby amended as follows, that is to say:— | |
(a) different advisory committees may be appointed for the purposes of the said section in respect of different matters or for different occasions; | ||
(b) sub-section (1) of the said section shall have effect as if after the word “unincorporate” there were inserted the words “or by any individuals or individual”; | ||
(c) in the application of the said section to loans raised in connection with or for the purposes of a manufacturing undertaking, the said section shall have effect as if the word “capital,” where it occurs in the expression “capital undertaking” were omitted; | ||
(d) sub-section (4) of the said section shall not apply to any guarantee given in respect of a loan raised in connection with or for the purposes of a manufacturing undertaking. |