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The Bangladesh Insurance (Nationalisation) Order, 1972 (President's Order)

Section 29Section 29

In force

s. 29

29 Every subsidiary Corporation shall pay, each year to the controlling Corporation such sum as may be required by the controlling Corporation for the performance of its functions under this Order: Provided that such sum shall not exceed one per cent of the gross premium received by a general subsidiary Corporation and three per cent of the gross premium received by a life subsidiary Corporation.

End of s. 29.

Read the contents: The Bangladesh Insurance (Nationalisation) Order, 1972 (President's Order)