The Preamble of the Recovery of Debts and Bankruptcy Act, 1993 also states that the Act provides for:
Like most long titles, the Preamble ends by providing for matters "connected therewith or incidental thereto", a residuary phrase. Licensing of banks, money laundering and…
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The Preamble of the Recovery of Debts and Bankruptcy Act, 1993 also states that the Act provides for:
Answer and explanation
Correct answer A
Like most long titles, the Preamble ends by providing for matters "connected therewith or incidental thereto", a residuary phrase. Licensing of banks, money laundering and registration of mortgages are dealt with by other laws.