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(1) After making provision for bad and doubtful debts,
depreciation in assets, provident, superannuation, welfare and other funds, debts due to Government and
all other matters for which provision is necessary under any law or which are usually provided for by
insurance companies, every acquiring company shall distribute the balance of profit as dividends.
(2) Any profit made by the Corporation and any sums received by the Corporation by way of
dividends or otherwise shall be dealt with by it in such manner as may be prescribed.
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