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Banks Act, 1990 (Act No. 94 of 1990)

Chapter IX : General Provisions

94. Amendment of section 3 of Act 61 of 1973, as amended by section 106 of Act 82 of 1986

 

Section 3 of the Companies Act is hereby amended by the substitution for paragraph (b) of subsection (1) of the following paragraph:

 

"(b) with reference to any company or external company or society which is subject to the provisions of any law relating to [banks or] insurance companies or societies in so far as those provisions are inconsistent with the provisions of this Act; or".