Section 6: Compensation for vesting assets.

(1) The Board shall determine as of the vesting date the amount invested by the government in any body to whom this Act applies, whether by way of equity stock, loans with or without interest, evidenced by debentures or otherwise and, in consideration for the surrender by the government of its rights under such loan and other agreements, the Board shall cause to be issued to the government
(a) equity stock of the Authority; and
(b) debenture stock bearing interest at 5½% and redeemable over a period of thirty years.
(2)
The amount of equity stock issued shall be calculated so that when added to the undistributed earned surplus of the body on the vesting date, the total will be equal to at least forty per cent of the sum of the funds provided by the government, the long term debt outstanding on the vesting date and the undistributed earned surplus at that date.