Section 44. An account of the profits of the Bank during the previous half-year shall be taken on or immediately

44. An account of the profits of the Bank during the previous half-year shall be taken on or immediately after every thirty-first day of December and every thirtieth day of June, and a dividend shall be made as soon thereafter as conveniently may be, and the amount of such dividend shall be determined by the directors, subject to the provisions of section forty-five. No unpaid dividend shall bear interest as against the Bank.