Section 31: Interim dividend payment.

(1) The Corporation may after payment of insured deposits make interim dividend payments from proceeds of realised assets of the failed insured institution.
(2) The Corporation may only make advance payments of interim dividend otherwise than out of proceeds of realised assets, to depositors of failed insured institutions that comply with the following conditions-
(a) the net realisable value of the assets of the failed insured institution can be reasonably estimated;
(b) the estimated amount of the advance payment and the interest at a rate to be determined by the Corporation but in any event not more than the prevailing Monetary Policy Rate can be fully reimbursed by the estimated net realisable value of the assets;
(c) the failed insured institution has no incidents of significant embezzlement or other significant fraud or other abuses whose losses are difficult to determine; and
(d) the amount of the advance payment to be made by the Corporation shall not exceed 30% of the total excess uninsured deposit claims of any failed insured institution.