CTHIn ForceAct
Banking Act 1959
70HDebits to reflect reduced amounts specified in authorisations
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#### 70H Debits to reflect reduced amounts specified in authorisations
If an authorisation under any of the following sections specifying an amount to be credited to the Account is amended so as to reduce the amount, an amount equal to the reduction must be debited from the Account:
(a) section 70C;
(b) section 131A of the Insurance Act 1973;
(c) section 251A of the Life Insurance Act 1995.