Section 4
SEC. 4. Section 7, Subsection (c) of the same Act is amended to read as follows: "SEC. 7. Capitalization. — The Authority shall have an authorized capital of three hundred million pesos (P300,000,000) which shall be fully subscribed by the Republic of the Philippines and shall be paid out as follows: In case the Authority shall undertake social and/or service-oriented projects as provided under Section 5 (e) of this Act, the Board of Directors may appropriate out of the Authority's revolving fund such amounts as may be necessary to prosecute the said projects. The National Government shall reimburse the authority for such expenses actually incurred in the prosecution of such projects which reimbursement shall accrue to the authority's revolving fund.