(1) A bank or a financial institution shall allocate at least thirty percent of its total issued capital for sale and distribution to the general public. Explanation: For the purpose of this section, "general public" means a natural person. Sales should be distributed to the general public. Such unsold shares may be sold and distributed to other firms, companies or institutions. (3) Banks and financial institutions may set aside 0.5 percent of shares for employees, except for the extent mentioned in sub-section (1). (4) Banks or financial institutions may If desired, the Rashtra Bank may complete the prescribed procedure and convert the remaining part into a general share group so that the ownership of the founder share group is not less than one percent. Explanation: For the purpose of this paragraph, - (a) "Founder share group" means the founder share group designated by the National Bank. (b) "General share group" means any share group other than the founder share group. (5) Notwithstanding anything written in sub-section (1), the proportion of share ownership in the case of banks or financial institutions and infrastructure development banks that are substantially owned by the Government of Nepal. It shall not be necessary to comply with sub-section (1). (6) A bank or financial institution or an infrastructure development bank established in joint venture with any foreign bank or financial institution or any other foreign institution shall sell and distribute shares to the general public as specified by the National Bank. (7) When calling for applications from the general public for the purchase of shares of a bank or financial institution, one hundred percent of the face value of the shares must be requested along with the application.