Section 107: Special Provisions on Infrastructure Development Bank

1) The Rastra Bank may formulate separate special policy provisions or issue directives concerning the establishment, operation, regulation, supervision actions, merger and acquisitions or liquidation of Infrastructure Development Banks based on the nature, volume and investment made in respective Infrastructure Development Banks.

2) Notwithstanding anything contained elsewhere in this Act, the maximum limit of shares to be subscribed by a promoter or shareholder of an Infrastructure Development Bank or limit of equity investment to be made by any foreign bank, financial institution and other corporate bodies in shares, debentures or other financial instruments shall be as determined by the Rastra Bank from time to time