Section 13
Duty of Authority in financial matters
of Energy Market Authority of Singapore Act 2001
ActIn forceProvision 14 of 34
Section 13
It is the duty of the Authority so to exercise and perform its functions under this Act 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.