LawgistThe Deposit Insurance and Credit Guarantee Corporation Act
31Reserve Fund
After making provisions for all its liabilities and for all other matters for which provision is necessary or expedient, including any contribution to the staff and super annuation funds, the Corporation shall transfer the balance, if any, of its income in its General Fund to one or more reserve funds to be utilised in such manner and for such purposes as the Corporation may deem fit.
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FUNDS, ACCOUNTS AND AUDIT
- 22 Funds of Corporation
- 23 Deposit Insurance Fund
- 23A Credit Guarantee Fund
- 24 General Fund
- 25 Investment
- 25A Amount in one fund may be transferred to the other fund or may be utilised for other purposes
- 26 Advances by Reserve Bank
- 27 Advances from General Fund to the Deposit Insurance Fund or Credit Guarantee Fund
- 28 Preparation of balance-sheet, etc., by corporation
- 29 Audit
- 30 Income-tax
- 31 Reserve Fund
- 32 Annual accounts and reports
