Section 38, THE BANK OF SIERRA LEONE ACT 2019

(1) The minimum paid-up capital of the Bank shall be 125 Billion Leones and may be altered by the Board after consultation with the Minister. (2) The paid-up capital shall be subscribed and held exclusively by the Government of Sierra Leone. 20 21 Recovery of damaged banknotes or coins. Counterfeit banknotes or coins. Reproduction of banknotes, coins, etc. Enforcement relating to counterfeiting. Authorised Minister. Paid-up capital (3) There shall be paid up by the Government the amounts that may from time to time be resolved by the Board and approved by the Minister. (4) The Minister may by warrant authorise the payment from the Consolidated Fund of any sum required for subscribing to the paid-up capital of the Bank.