Sri Lanka Consolidated Acts

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National Development Bank Of Sri Lanka. Act (No. 2 of 2005) - Sect 33

Utilization of the profits of the Bank

33. The profits of the Bank shall be utilized for the purpose of-
(a) the establishment and maintenance of a General Reserve;
(b) the establishment and maintenance of a special reserve for bad or doubtful debts;
(c) the establishment and maintenance of such other reserve funds as may be necessary for specific purposes ; and
(d) the payment of dividends.

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