Section 6: Exemptions

(1) The Bank and the beneficiaries of its loan facilities shall be exempted from the provisions of the Land Use Act with regard to the size of urban land an individual or a body corporate may hold, provided that the loan to the individual or body corporate shall be utilised for the purposes specified in section 3 of this Act.
[Cap. L5.]
(2) The Bank shall also be exempted from the provisions of the Banks and Other Financial Institutions Act.
[Cap. B3.]