28. Section 112B of the principal enactment is hereby repealed and the following section substituted therefor :-
112B. (1) Any or all of the functions referred to in subsection (1) of section 98 and section 112A may, notwithstanding the provisions of such section, be carried out by a body corporate authorised for the purpose by the Monetary Board subject to such terms and conditions as may be imposed by the Monetary Board. |
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(2) A body corporate referred to in subsection (1) may hold an account with the Central Bank for the purpose of carrying out such functions,". |
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