Amendment status not verified — confirm the current text below against the official source.
The Reserve Bank shall be given by the Development Bank, in cash, for the transfer to, and vesting in, the Development Bank of the shares of every Financial Corporation which have been subscribed by the Reserve Bank, an amount equal to the face value of the shares of the Financial Corporation so subscribed.] Ins. by Act 39 of 2000, sec. 6 (w.e.f. 05/09/2000).