Section 4Section 4

s. 4

4 [(1) The authorised capital of the Corporation shall be [Taka 45 crores] divided into [4500,000] shares of Taka one hundred each of which not less than fifty-one per cent shares shall be subscribed for by the Government and the remaining shares shall be offered for public subscription in such manner and at such time as the Government may determine.] (2) Notwithstanding anything contained in clause (1), the Corporation may, for carrying on all or any of its functions, have separate capital raised by loan or grant from, or in such other manner as may be approved by, the Government.