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Capitalization. - The AFAB shall have an authorized capital stock of Two billion pesos (Php2,000,000,000.00), with option to. increase capitalization upon the discretion of the AF AB, divided into twenty thousand (20,000) no - par shares fully subscribed and paid up by the Republic of the Philippines with: (a) All lands embraced and covered by the F AB, as well as permanent improvements and fixtures upon proper inventory not otherwise alienated, conveyed, or transferred to another government agency; (b) All other assets which the President may transfer to the AFAB as part of the equity contribution of the government; and (c) Cash contribution by the government in the amount of Five hundred million pesos (Php500,000,000.00) a year for the next five (5) years, which is hereby appropriated out of any fund in the National Treasury not otherwise appropriated.
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