Section 9 Subscriptions for shares and loans

For section 30 of the 1930 Act (subscriptions for shares or loans in other undertakings) substitute—

“Subscription for shares or loans in other undertakings

30

The Company may—

(a)

subscribe for, purchase, hold and dispose of shares, stocks or securities in any other company;

(b)

subscribe for, purchase, hold and dispose of any interest in, or in securities in, any business other than a company; and

(c)

lend money on mortgage bond or other security to any other company or business.”.