Section 33Section 33

s. 33

33 The sums assured by all policies issued by the subsidiary Corporations including any bonuses declared in respect thereof and the sums assured by all policies issued to citizens of Bangladesh by any insurer the liabilities under which have vested in a subsidiary Corporation under this Order, and all bonuses declared in respect thereof, whether before or after the commencement of this Order, shall be guaranteed as to payment in cash by the Government.