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Extent of Act.
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2. This Act shall extend and apply to, and the Powers hereby conferred may be exercised by, all such Companies incorporated and carrying on Business under “The Companies Act, 1862,” or under any Act of Parliament, as now or hereafter may be entitled to advance Money on the Security of Land; and in the Construction of this Act the Expression “the Company” means any Company to which this Act applies, and which shall for the Time being be availing itself of the Provisions of this Act.
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