Exclusion for deposits taken in the ordinary course of business: Act does not apply to such deposits. The statute excludes from its scope deposits that are taken in the ordinary course of business, operating as an applicability limitation: the Act's ... Summary
Exclusion for deposits taken in the ordinary course of business: Act does not apply to such deposits.
The statute excludes from its scope deposits that are taken in the ordinary course of business, operating as an applicability limitation: the Act's regulatory measures directed at unregulated deposit schemes do not extend to routine commercial deposits accepted as part of normal business operations.
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