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Amendment of section 33AY of Act of 1942
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57. Section 33AY of the Act of 1942 is amended—
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(a) in subsection (2), by the insertion of “(without prejudice to section 33BAA)” after “but”,
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(b) by the insertion of the following subsection after subsection (2):
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“(2A) At an inquiry the functions of the Bank include the making of submissions, leading of evidence and examination of witnesses on behalf of the Bank and any other function required for conducting the inquiry.”,
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and
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(c) by the substitution of the following subsection for subsection (3):
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“(3) Subject to section 33BE, the Bank may be assisted by a legal practitioner for the purpose of performing any of the functions referred to in subsection (2A).”.
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