Section 11
SEC. 11. Said National Bank is hereby authorized to loan not to exceed thirty per cent 01 its capital and surplus and the full amount of circulating notes provided for in section eighteen hereof on promissory notes, drafts and bills of exchange issued or drawn for agricultural, industrial or commercial purposes, or the proceeds of which have been used or are to be used for such purposes. Notes, drafts and bills of exchange admitted to discount under the terms of this section, must have a maturity at the time of discount of not more than one hundred and twenty days. Said National Bank may also discount acceptances which are made upon the importation and exportation of goods, which said acceptances have a maturity at the time of discount of not more than one hundred and twenty days: Provided, however, That said bank may at any time, by and with the written consent of the Governor-General, reduce that part of the capital and surplus available under this section by transferring any part or portion of the same not in use to that part of the capital and surplus available under section twelve whereupon the same shall become available in addition to the amount provided in said section twelve for loans under that section. Any such sum so transferred may be returned for use under this section at the discretion of said bank.