Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsApplication of the profits. [ 50,11 of 1963.]
| 26. The net annual profits of the Corporation for each financial year in respect of its general insurance business, and the balance five per centum of the surplus referred to in section 25, may be applied to such purposes as may be determined by the Corporation with the approval of the Minister, and any such profits which are not so applied shall be credited to a general reserve fund maintained by the Corporation. |