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bruneilawsby aturio
In forceAs enacted
Contents

Part IV

Section 13

(1)

The revenue of the Authority for any financial year shall be applied in defraying the following charges -

fa) the remuneration, fees and allowances of the members of the

Authority;

(b)

the salaries, fees, remuneration, pensions, superannuation allowances and gratuities of the officers, agents, employees, advisers and former employees of the Authority or its predecessors;

(c)

working and establishment expenses and expenditure on, or provision for, the maintenance of any of the property of the

Authority, and the discharge of the functions of the Authority properly chargeable to revenue account;

(d)

interest on any debentures issued, and on any loan raised, by the

Authority;

(e)

sums required to be paid to the Government towards repayment of any loan made by the Government to the Authority;

{f) sums required to be transferred to a sinking fund or otherwise set aside for the purpose of making provision for the redemption of debentures or the repayment of other borrowed money;

(g)

such sums as may be deemed appropriate to set aside in respect of depreciation or renewal of the property of the Authority, having 1196

Report

Read on from s 14

Part VI

Read on from Part VI

Schedules