Singapore legislation

Clause 26

of Public Utilities Ordinance

Clause 26

General duties of the Board in financial matters

It shall be the duty of the Board so to exercise its powers and perform its functions under this Ordinance as to secure that the total revenues of the Board are sufficient, taking one 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 Board.

Clause 26 — Public Utilities Ordinance | laws.sg