Section 28, **The Sierra Leone Housing Corporation Act, 1982** [Margin: Short title.]

The Corporation shall so exercise and perform its functions under this Act— [Margin: General duty of the Corporation in financial matters.] (a) as to secure that the total revenues, excluding capital and other non-revenue receipts, in any financial year of the Corporation shall be sufficient as nearly as may be to meet— (i) all taxes (if any), salaries, allowances, working expenses and other outgoings properly chargeable to revenue account in that year, including depreciation and interest payable; (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; (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 proper to set aside in that year for reserve funds, extensions, renewals and like purposes; and (b) as to secure reasonable returns on any of its capital invested. A 94 No. 5 Sierra Leone Housing Corporation 1982