Cap. 463 Art. 22Capital of the Corporation.

(1) The initial capital of the Corporation shall be two million and three hundred and twenty-nine thousand and three hundred and seventy-three euro and forty cents (2,329,373.40) paid in by the Government. Further capital shall be raised in such manner as the Minister responsible for finance may, on the advice of the Corporation, from time to time determine: Provided that the capital of the Corporation shall be held entirely by the Government.

(2) The Corporation shall, in return for any moneys and any property, rights or interests from time to time, paid or transferred to the Corporation by the Government by way of subscription to the capital of the Corporation, issue to the Minister responsible for finance on behalf of the Government capital stock in the amounts of any moneys so paid and received and in an amount equal in nominal value to the amount agreed between the Corporation and the Government as representing the value of any property, rights and interests so transferred.