Clause 30

the remuneration, fees and allowances of the members of the Board;

the salaries, fees, remuneration, pensions, superannuation allowances and gratuities of the officers and agents and technical or other advisers of the Board;

working and establishment expenses and expenditure on or provision for the maintenance of any telecommunication installation and plant of the Board, and the discharge of the functions of the Board properly chargeable to the revenue account;

interest on any debentures and debenture stock issued, and on any loan raised by the Board;

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 debenture stock or the repayment of loans;

such sums as it may be deemed appropriate to set aside in respect of depreciation on and the increased cost of renewal of the property of the Board having regard to the amount set aside out of revenue under paragraph (e) of this section;

the creation of a general reserve and such other reserves as the Board may think fit;

the payment of such interest on shares and stock issued by the Board as the state of the undertakings and the financial position of the Board appear, in the opinion of the Board, to warrant; and

any other expenditure authorised by the Board and properly chargeable to the revenue account.