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Banking Act · s 27

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s 27Prohibition of accrual of interest on past due loans

No bank shall accrue interest income from loans which are 2 years or more past due or such other time as is determined by the Authority nor shall such a bank accrue interest for any loan which has been identified under section 25 requiring a provision for loss, provided however that nothing in this section shall be taken to impair the rights of a bank under any agreement with any other party.