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Part 3 · Functions, Duties and Powers of Authority

13. Duty of Authority in financial matters

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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.

Report

Part 4

Transfer of Property, Assets, Liabilitiesand Employees

Part 5

General

Schedules