For purposes of Section 18 of the Banning of Unregulated Deposit Schemes Act, 2019, "deposit taker"…
The Explanation to section 18 widens "deposit taker" for that section to include the directors, promoters, managers or members of the establishment, and "any other person…
Choose your answer
For purposes of Section 18 of the Banning of Unregulated Deposit Schemes Act, 2019, "deposit taker" includes:
Answer and explanation
Correct answer D
The Explanation to section 18 widens "deposit taker" for that section to include the directors, promoters, managers or members of the establishment, and "any other person whose property or assets have been attached" under the Act. Each of the three groups is therefore covered.