Section 11Sec./Art. 11

Section 21 of Republic Act No. 9728 is hereby amended to read as follows:

"Sec. 21. Capitalization. The capital stock to be contributed by the government, shall be (a) Two billion five hundred million pesos (₱2,500,000,000.00) with option to increase capitalization upon the discretion of the AFAB, (b) all lands embraced and covered by the FAB, including those properties conveyed to the Government Service Insurance System (GSIS) and/or the Social Security System (SSS) under Proclamation No. 740, as amended by Proclamation No. 900, as well as permanent improvements and fixtures upon proper inventory not otherwise alienated, conveyed or transferred to another government agency, and (c) all other assets which the President may transfer to the AFAB as part of the equity contribution of the government."