31. Replacement of section 76K of the principal enactment

Section 76K of the principal enactment is hereby repealed and the following section substituted therefor :—

76K. The provisions of section 45 shall, mutatis mutandis, apply in respect of licensed specialised banks as they apply in respect of licensed commercial banks and for that purpose any reference therein to a licensed commercial bank shall be deemed to be a reference to a licensed specialised bank.”.