Singapore legislation

Clause 16

of Telecommunication Authority of Singapore Bill

Clause 16

Duty of Authority in financial matters

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

Read in full context — Telecommunication Authority of Singapore Bill →