Applicability of this Act to certain persons and precedence

(1) Nothing in this Act shall apply to the Government Savings Bank constituted under the Savings Bank Act, nor to the Central Bank established under the Central Bank of Belize Act, except insofar as the Central Bank is expressly required by this Act to do any act or thing. (2) This Act shall have effect notwithstanding anything to the contrary in the Companies Act and the provisions of that Act, insofar as they relate to licensees or the carrying on of banking business or financial business in or from within Belize, shall have effect only subject to the provisions of this Act. CAP. 250.