Section 15: Reserve Fund
consolidated text (as amended). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
15. Reserve Fund
(1) The Trust shall set up a Reserve Fund into which shall be paid yearly
such sums as the Board may determine, after payment of expenses authorised to be incurred under this Act.
(2) The Board may, with the Minister’s approval, apply the Reserve Fund
for—
(a) the repayment of contingencies;
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(b) the redemption of any debt or liability of the Trust;
(c) the equalisation of dividends; or
(d) the distribution of a share of profits to the staff of the Trust.