Section 12: Establishment of sinking funds.

(1) The Minister may, after consultation with the Governor of the Central Bank, establish sinking funds for the purpose of redeeming loans raised by the issue of Government promissory notes:
Provided that no sinking fund so established shall be in respect of more than one such loan.
(2) The Minister shall, in respect of any sinking fund established under subsection (1) of this section, direct by notice in the Federal Gazette, the rate and intervals at which appropriation out of the general revenue and assets of the Federation shall be made as a contribution to the sinking fund and the date from which such contributions shall commence.