(1) Subject to subsection (2), the net profits of the Bank in each year shall be dealt with as follows:
(aa) such amount as the Treasurer, after consultation with the Reserve Bank Board, determines is to be set aside for contingencies; and
(a) such amount as the Treasurer, after consultation with the Reserve Bank Board, determines shall be placed to the credit of the Reserve Bank Reserve Fund; and
(b) the remainder shall be paid to the Commonwealth.
(2) If the net profit of the Bank for a year is calculated on a basis that requires the inclusion of unrealised gains on assets during the year, the amount to which subsection (1) applies is to be worked out as follows:
(a) deduct from the net profit an amount equal to the total of all amounts of unrealised gains included in the net profit; and
(b) if an asset in respect of which unrealised gains were included in the net profit for a previous year or years is realised during the year--add to the amount remaining after applying paragraph (a) the total amount of those unrealised gains.