Capitalization.
Section 6
SEC. 6. Capitalization. — The Authority shall have an authorized capital of Five Hundred Million Pesos (P500,000,000.00) which shall be fully subscribed by the Republic of the Philippines and other government institutions, corporations, instrumentalities and agencies whether national or local within the framework of their respective charter, and shall be paid out as follows: The sum of one hundred million pesos (P100,000,000), which is hereby appropriated out of any general fund in the National Treasury not otherwise appropriated, and from proceeds of bond issues, loans and from any other sources of income of the National Government, upon approval of this Act; The balance, from the same sources mentioned in paragraph (a) hereof, upon approval of the President. The authorized capital of five hundred million pesos shall constitute a revolving fund for the purpose of financing the Authority's business transactions.