Capital structure.
Section 6
SEC. 6. Capital structure. — The authority shall have two (2) capital funds: (I) a Capital fund for Operations; and (II) a capital fund for Social Services. The authorized Capital Fund for Operations shall be devoted primarily to the pursuit of profit-making or self liquidating (i.e. at least "break-even") projects, and shall be dealt with, accounted for and liquidated in case of dissolution in the same manner as the capital stock of an ordinary private commercial corporation. It shall have a maximum authorized capital of one hundred million pesos (P100,000,000.00) divided into one million shares with a par value of one hundred pesos (P100.00) per share. The Capital Fund for Social Services shall be administered as a trust for investment, the income from which, but not the principal, shall be devoted to the financing of social benefits and/or public services to inhabitants of the area, such as but not limited to medical, dental and hospitalization services, construction of civil works and public infrastructure within the Area, free education and scholarship benefits, athletic and recreation facilities; and other free services and basic scientific research. The Capital Fund for Social Services shall be invested in fixed income securities in the money and capital markets or in the shares of stocks of corporations which have continuously paid dividends on such shares during the last preceding three years. The Capital Fund for Social Services shall consist of funds contributed from sources mentioned in Section 8. Upon the dissolution of the Authority, the remainder of the trust corpus and its income shall accrue to the General Fund of the Republic of the Philippines.