law: Life Insurance Corporation Act, 1956 
  28. Surplus how to be
  
  utilised.- 
  
  If as a result of any
  
  investigation undertaken by the Corporation under section 26 any surplus
  
  emerges, not less than 95 per cent of such surplus shall be allocated to or
  
  reserved for the policy holders of the Corporation and the remainder may be
  
  utilised for such purposes and in such manner as the Central Government may
  
  determine.