Clause 5

The authorised capital of the Authority shall be thirty million dollars.

On the establishment of the Authority such portion of the authorised capital as the Government may decide shall be subscribed and paid up by the Government.

The paid-up portion of the authorised capital may be increased from time to time by such amount as the Government may approve.

The payment of such increase in the authorised capital may be made by way of such transfers from the General Reserve Fund as the Government, in consultation with the board, may from time to time approve.