LawgistThe Industrial Development Bank (Transfer of Undertaking and Repeal) Act
8Guarantee to be operative
Any guarantee given for or in favour of the Development Bank with respect to any loan, lease, finance or other assistance shall continue to be operative in relation to the Company.
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MISCELLANEOUS
- 6 Concession, etc., to be deemed to have been granted to Company
- 7 Tax exemption or benefit to continue to have effect
- 8 Guarantee to be operative
- 9 Shares, bonds and debentures to be deemed to be approved securities
- 10 Act to have overriding effect
- 11 Application of other laws not barred
- 12 Amendment to certain enactments
- 13 Substitution in Acts, rules, regulations or notifications by Company in place of Development Bank
- 14 Power to remove difficulties
- 15 Repeal and saving of Act 18 of 1964
