Section 40, THE BANK OF SIERRA LEONE ACT 2019

(1) The net profits or losses of the Bank for each financialyears hall be determined by the Bank in accordance with internationally recognised standards. (2) The earnings allocated for distribution under section 41 shall be determined by deducting from - (a) the net profits, the total amount of unrealised revaluation gains and by allocating an equivalent amount to the respective unrealised revaluation reserve accounts; and (b) the unrealised revaluation reserve accounts and adding to the distributable earnings as determined in paragraph (a) the amount of any unrealised profit that was deducted from the net profits for one or more previous financial years and was realized during the current financial year.