Section 23: Power to issue debenture stock for certain purposes.

The Corporation may, from time to time and with the approval of the Minister, borrow money or raise capital by the issue of debenture stock upon such terms touching the issue, transfer, interest and redemption as may be approved by the Minister, for all or any of the following purposes-(a) the provision of working capital
(b) the fulfilling of the functions of the Corporation under this Act;
(c) the redemption of any stock which they are required or entitled to redeem
(d) any other expenditure properly chargeable to capital account.
(2) The Government may guarantee, in such manner and on such conditions as it may think fit, the redemption or repayment of, and the payment of any interest on, any debenture stock issued by or any temporary loan raised by the Corporation.