South African Reserve Bank Act, 1989 (Act No. 90 of 1989)21. Share capital of Bank |
| (1) | The share capital of the Bank shall be two million rand, and shall be divided into two million ordinary shares of one rand each. |
| (2) | The liability of a shareholder shall be limited to the amount unpaid on the shares held by him. |
| (3) | The Bank may, from time to time, with the consent of the Board, increase its share capital by the issue of shares upon such terms as the Board may approve. |
| (4) | The premium obtained on any issue of shares shall be added to the reserve fund of the Bank. |