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05/12/2024
Laws of Bangladesh

The Insurance Act, 1938

( ACT NO. IV OF 1938 )

Working capital
72. No provident society shall be registered unless it has a paid-up capital sufficient to provide as working capital a net sum of not less than five thousand Taka exclusive of deposits made under this Act and exclusive in the case of a company of any expenses incurred in connection with the formation of the company.

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