Borrowing for the Fund

(1) The Corporation may borrow from the Government, a bank, a financial institution or an international financial entity for the purpose of the Fund if– (a) the Corporation has made or is likely to make payments out of the Fund that have exhausted or are likely to exhaust the Fund; or (b) it is necessary to meet the short term deficiency in the liquidity of the Fund. (2) The Corporation shall not borrow from a bank, financial institution or international financial entity under sub-section (1) at a rate of interest that is higher than the equivalent interest rate on Government securities of similar maturity. 18