It would seem THEY do know of such a thing as "SET OFF"...
"5. (1) Where a depositor has applied for a
payment under this Act and..."
"...(b) a right of set-off could be asserted by the
depositor or the liquidator in respect of the
deposit and the obligation,..."
This document COULD be interesting to certain folks.
Printed copy · Anthology Volume 6, page 962Printed copy from The Tender For Law Anthology, Volume 6, page 962 (printed 13 June 2014). Added by this site; not part of the Facebook export.