I have no objection to that. But what my hon. friend (Mr. King) says reminds me that there are other reasons in connection with the English Act m support of this clause which I can point out when the clause comes up again.
On section 25: , ,
Any other corporation may, if its constating instruments permit, hold shares m a society; hut the society shall not lend any part of its funds to such other corporation until the minister has given his consent to such loan.
Subtopic: CO-OPERATIVE CREDIT SOCIETIES.