36Capital

36 Capital

The capital of the North East Link State Tolling Corporation is equal to the sum of the following, less any amount of capital repaid under section 37—

(a) the amount of the Corporation's initial capital in accordance with section 35(1);

(b) any part of the Corporation's liabilities that is converted into capital at the direction of the Treasurer;

(c) any amounts paid to the Corporation out of money appropriated by the Parliament for the purpose of providing capital;

(d) any part of the Corporation's reserves that is converted into capital at the direction of the Treasurer after consultation with the Board.