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Section 27: Charges, loan redemption and depreciation

Waste Water Management Authority Act · PART IV: FINANCIAL PROVISIONS AND ACCOUNTS

consolidated text (as at 2004, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

27. Charges, loan redemption and depreciation The Authority shall make adequate provision for— (a) the payment of all rents and charges in respect of assets leased to it; (b) the redemption of loans at due times; (c) interest on all other charges and expenses incurred in connection with loans; (d) the depreciation of assets owned by it; and (e) the debt servicing in respect of assets vested in the Authority, where the assets have not been fully amortised.

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