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Section 36, The Road Transport Corporation Act, 1964

Status not yet checkedThe Road Transport Corporation Act, 1964, Sierra Leone

(a) the remuneration, fees and allowances of the mem. bers of the Corporation: b) the salaries, fees, remuneration, pensions, superannu ation allowances and gratuities (including any payment to the Government on account of Pensions and gratuities under section 28) of the officers agents and servants and technical and other advisers of the Corporation: () operating expenses and expenditure on, or provision for, the maintenance of any of the property of the Corporation and the discharge of the fnuctions of the Corporation properly chargeable to revenue account; d) interest on any stock issued and on any loan raised by the Corporation : (e) sums required to be transferred to a sinking fund or otherwise set aside for the purpose of making pro vision for the redemption of stock or the repayment of other borrowed moneys; () depreciation charges; (e) any other expenditure authorised by the Corporation and properly chargeable to revenue account. (2) The balance of the revenue of the Corporation shall be applied to the creation of general or specific reserve funds to be used for maintaining and improving the financial sound ness of the Corporation and for financing further developments.

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