Section 35, The Road Transport Corporation Act, 1964

It shall be the duty of the Corporation so to exercise Generaland perform its functions under this Act duty of the Corpora (a) as to secure that the total revenues, excluding capital tion in and other non-revenue receipts, in any financial year fnancial of the Corporation shall be sufficient as nearly as may matters. be to meet (ii) any sums falling to be paid in such year in respect of repayment of the principal of any money borrowed by the Corporation to the extent that such repayments exceed provision for depreciation: Power to (iii) any provisions that the Corporation is bound or considers it prudent to make for the redemption of stock issued by the Corporation:(iv) such sums as the Corporation may think properto set aside in that year for reserve funds, extensions, renewals and like purposes and A 134 Application of Revenue. No, 17 Iovostment of Funds. Accounts and audit, (1) The revenue of the Corporation for any financial year of the Corporation shall be applied in defraying the following (b) as to secure reasonable returns on any of its capital invested.