After making provisions for bad and doubtful debts, depreciation in assets, contributions to staff and superannuation funds and all other matters for which provision is, under law, necessary or which are usually provided for by banking companies, a Regional Rural Bank may, out of its net profits, declare a dividend.
Section 21: Disposal of profits.
The Regional Rural Banks Act, 1976Central Act · Act 21 of 1976
Where this provision sits
| Act | The Regional Rural Banks Act, 1976 |
|---|---|
| Section | 21 |
| Marginal note | Disposal of profits. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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