(1) The Corporation shall establish a reserve fund.

(2) After making provision for bad and doubtful debts, depreciation on assets and all other matters which are usually provided for by bankers, the Corporation may out of its net annual profits declare a dividend ; Provided that for so long as the reserve fund is less than the paid up share capital of the Corporation and until there has been repaid to the central Government such sums, if any, as that Government may have paid un der the guarantee given in pursuance of section 5-or under any guarantee given in pursuance of sub-section (2) of section 21-, The rate of such dividend shall not exceed the rate guaranteed by the Central Government under section 5-: Provided further that under no circumstances shall any such dividend exceed the rate of five per cent. per annum and if in respect of any financial year after the reserve fund becomes equal to the share capital of the Corporation there is, after declaring a dividend at that rate any surplus in the net profits such surplus shall be paid to the Central Government.