Notwithstanding the exemption set forth in section 80a-6(f) of this title, section 80a-21 of this title shall apply to a business development company to the same extent as if it were a registered closed-end investment company, except that nothing in that section shall be deemed to prohibit-
(1) any loan to a director, officer, or employee of, or general partner in, a business development company for the purpose of purchasing securities of such company as part of an executive compensation plan, if such loan meets the requirements of section 80a-56(j) of this title; or(2) any loan to a company controlled by a business development company, which companies could be deemed to be under common control solely because a third person controls such business development company.Aug. 22, 1940, ch. 686, title I, §62, as added Pub. L. 96-477, title I, §105, Oct. 21, 1980, 94 Stat. 2287.