Section 123 shall not prohibit—
\(a\) the lending of money by the company in the ordinary course of its business if the lending of money
is part of the ordinary business of a company;
\(b\) the provision by a company, in accordance with any scheme for the time being in force, of money
for the purchase of or subscription for fully-paid shares in the company or its holding company, being a
purchase or subscription by trustees of or for shares to be held by or for the benefit of employees of
the company or a subsidiary of the company, including any director holding a salaried employment or
office in the company or a subsidiary of the company;
\(c\) the giving of financial assistance by a company to persons, other than directors, bona fide in the
employment of the company or of a subsidiary of the company with a view to enabling those persons
to purchase fully-paid shares in the company or its holding company to be held by such persons by way
of beneficial ownership; or
\(d\) the making of a loan or the giving of a guarantee or the provision of security in connection with one
or more loans made by one or more other persons by a company in the ordinary course of its business
where the activities of that company are regulated by any written law relating to banking, insurance or
takaful or which are subject to the supervision of the Securities Commission and where—
\(i\) the lending of money or the giving of guarantees or the provision of security in connection with
loans made by other persons, is done in the course of such activities; and
\(ii\) the loan that is made by the company, or, where the guarantee is given or the security is provided
in respect of a loan, such loan is made on ordinary commercial terms as to the rate of interest or
returns, the terms of repayment of principal and payment of the interest or returns.