Singapore legislation

Section 21

of Maritime and Port Authority of Singapore Act 1996

Section 21

Duty of Authority in financial matters

It is the duty of the Authority to exercise and perform its functions under this Act so as to secure that the total revenues of the Authority are sufficient, taking one financial year with another, to meet its total outgoings properly chargeable to revenue account, including depreciation and interest on capital and to meet a reasonable proportion of the cost of the development of the services of the Authority.

Read in full context — Maritime and Port Authority of Singapore Act 1996 →