(1) The authorized capital of the fund will be eight billion rupees and that amount will be divided into eight million shares at the rate of one hundred rupees.
(2) The issued capital of the fund will be eight billion rupees and the paid-up capital will be three billion rupees and the shares of that amount will be divided and distributed as follows:-
(a) Government of Nepal - twenty three point three four percent (b) National Insurance Institute - thirty one point five five percent
(c) Nepal Stock Exchange Limited - ten percent
(d) Other banks or financial institutions - Fifteen decimal one percent
(e) General public - twenty percent.
(3) If the shareholder under clause (b), (c) and (d) of sub-section (1) has to sell the shares taken by him, he must obtain permission from the Government of Nepal through the fund.
(4) The Fund shall obtain the approval of the Government of Nepal before selling and distributing shares to any foreign bank or financial institution or foreign citizen.
(5) Each share shall be indivisible. The shareholder will be entitled to vote in the general meeting with one vote for each share held by him and the liability of the shareholder will be limited to the extent of the value of the shares held by him.