ACC Bank Act, 2001
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Chattel mortgages. |
9.—(1) Section 23 (1) of the Agricultural Credit Act, 1978 , is amended by— | |
(a) the deletion of “recognised bank”, and | ||
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(b) the substitution for the definition of “recognised lender” of the following definition— | ||
“‘recognised lender’ means a credit institution authorised under the European Communities (Licensing and Supervision of Credit Institutions) Regulations, 1992 ( S.I. No. 395 of 1992 ).”. | ||
(2) Section 25 of the Agricultural Credit Act, 1978 , is repealed. |