CTHRepealedAct
Housing Loans Insurance Act 1965
35Profits of the Corporation
Start here
Get a plain-English read of 35
Turn the raw legal text into a practical explanation grounded in Housing Loans Insurance Act 1965.
35 Profits of the Corporation
For the purposes of this Act, the profits of the Corporation for a financial year are the amount (if any) remaining after deducting from the revenue received or receivable in respect of that financial year the expenditure and provision for expenditure properly chargeable against that revenue.