44Capital of Corporation

##### 44 Capital of Corporation (1) The capital of the Corporation at any time is the sum of: (a) the values that have been determined under subparagraphs 43(2)(a)(i), (b)(i), (c)(ii), (d)(i), (da)(i), (e)(i) and (f)(ii); (b) such amounts that have been paid to the Corporation out of money appropriated by the Parliament for the purpose of providing capital for the Corporation; and (c) any reserves resulting from the operations of the Corporation (whether because of the retention of profits or otherwise) or from the revaluation of assets of the Corporation; less the sum of: (d) amounts that have been determined under subparagraphs 43(2)(a)(ii), (b)(ii) and (c)(i), paragraph (ca) and subparagraphs (d)(ii) and (iii) or (da)(ii) and (iii), (e)(ii) and (f)(i); (e) the amounts that will become payable, or have been paid, by the Corporation to the Commonwealth for assets in respect of which a determination has been made under paragraph 43(2)(a)(i), (b)(i), (d)(i), (da)(i) or (e)(i); (f) any amounts paid or payable by the Corporation under subsection 32(4); and (g) any amounts of capital repaid to the Commonwealth by the Corporation. (2) Interest is not payable to the Commonwealth on the capital of the Corporation, but the capital of the Corporation is repayable to the Commonwealth at such times, and in such amounts, as the Minister determines. (3) In making a determination under subsection (2), the Minister shall have regard to any advice that the Corporation has given to him or her in relation to its financial affairs. (4) A determination under this section shall be made in writing.