Section 1

Development Finance Corporation 3 19. Application of payment. 20. Restrictions in making loans. Procedures of the board of directors 21. Vacancies. 22. Meetings and Quorum. 23. Competence of Quorum. 24. Convening of Meetings. 25. Voting at Board Meetings. 26. Resolutions by Circular. 27. Validity of acts of Board. 28. Minutes. 29. Signature on Minutes and Prima Facie Evidence.