Cap. 656 Art. 21Transitory provision.

This Act shall regulate any decision by lending institutions which relates to:

(a) an application for a credit facility made by an eligible applicant, and which is submitted to a lending institution following the date of the coming into force of this Act;

(b) a withdrawal or reduction of an existing credit facility, which withdrawal or reduction is effected following the date of the coming into force of this Act; and

(c) a refusal of an application requesting a restructuring of an existing credit facility, which application is submitted to the lending institution following the date of the coming into force of this Act.

SCHEDULE (article 17)

Charter