45. Reserve Fund and other Funds
The National Bank shall establish a Reserve Fund [and other Funds] as the Board may consider necessary by transferring such sums as it may deem fit, out of its annual profits and out of receipts from gifts, grants, donations or benefactions, which it may receive.
Amendment notes (1)
- Subs w.e.f. 1-2-2001 . Subs. by s. 27, ibid., for "and such other Funds" (w.e.f. 1-2-2001).