Allocation of Net Income. 1. The Board of Governors shall determine annually what part of the net income of the Bank, including the net income accruing to Special Funds, shall be allocated, after making provision for reserves, to surplus and what part, if any, shall be distributed to the members.
Appears in 6 contracts
Samples: Asian Development Bank Agreement, www.legislation.gov.au, Treaty Series
Allocation of Net Income. 1. (a) The Board of Governors shall determine annually what part of the Bank's net income of the Bank, including the net income accruing to Special Funds, shall be allocatedincome, after making provision for reserves, shall be allocated to surplus and what part, if any, shall be distributed to the membersdistributed.
Appears in 4 contracts
Samples: www.cvce.eu, Reconstruction and Development, Of Agreement
Allocation of Net Income. 1. The Board of Governors shall determine annually what part of the net income of the Bank, including the net income accruing to its Special Funds, shall be allocated, allocated -- after making provision for reserves, reserves -- to surplus and what part, if any, shall be distributed to the membersdistributed.
Appears in 2 contracts
Samples: www.afdb.org, afdb-org.kr
