Asset Covered Securities (Amendment) Act 2007

Amendment of section 41 of Principal Act.

28.— Section 41 of the Principal Act is amended by inserting the following after subsection (6):

“(7) A regulatory notice made under this section may, and shall be deemed always to have been capable of, specifying requirements in relation to particular assets or properties or different kinds of assets or properties (including kinds with respect to where assets or properties are located or where the assets or properties are secured on commercial or residential properties).”.