Cap. 202 Art. 13Reserve fund.

(1) The Corporation shall establish a reserve fund.

(2) The Corporation shall at the end of each financial year until the reserve fund amounts to two million, three hundred and twenty-responsible for finance shall after consultation with the Corporation determine, and shall pay any remaining profits by way of dividend on the stock for the time being issued.

(3) The reserve fund shall be managed by the Corporation in such manner as it may determine; but no part of such fund shall be applied otherwise than for the purposes of the Corporation.