CONFIDENTIAL 機密

11

(3) Any document purporting to be executed in

accordance with subsection (2) shall, unless the contrary

is proved, be deemed to have been duly executed.

(4) Subject to this Ordinance, a document executed

by the Corporation in accordance with subsection (2)(b)

shall not be ineffectual in law by reason only of the

fact that, apart from this subsection, it would be

required by law to be executed under seal.

Capital of Corporation.

PART III

FINANCIAL

10. (1) The authorized capital of the Corporation

shall be $2,000,000,000 divided into 20,000 shares of

$100,000 each.

(2) The Governor may, after consulting the

Corporation, increase the authorized capital of the

Corporation by order published in the Gazette.

G.F. 323

(3) Shares in the authorized capital of the

Corporation shall be allotted to the Government at par

as required in writing by the Financial Secretary and may

be paid for by set-off against the indebtedness of the

Corporation to the Government in such manner and to such

extent as the Financial Secretary may direct pursuant

to section 17(3).

(4) All shares allotted to the Government under this

section shall be registered in the books of the Corporation

CONFIDENTIAL

機密

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