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—The sums confident by all policies issued bythe Company together with any bonuses declared in regard thereof and, matter to the provisions containedin segment 14 the quantities certain by all insurance policies issued by any insurance company the liabilities less than which havevested from the Corporation less than this Act, and all bonuses declared in regard thereof, no matter whether prior to orafter the appointed day, shall be assured as to payment in income because of the Central Governing administration - Seciton 37, LIC ACT 1956.
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