Commonwealth Numbered Acts

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AUSTRALIAN OVERSEAS PROJECTS CORPORATION ACT 1978 No. 105 of 1978 - SECT 33

Financial policy of Corporation
PART V-FINANCE
33. In the performance of its functions and in the conduct of its business,
the Corporation shall act in accordance with sound commercial principles and
shall pursue a policy directed towards securing, in each financial year,
revenues sufficient-

   (a)  to meet the expenditure, and provision for expenditure, of the
        Corporation properly chargeable to revenue of that year, including
        provision in respect of income tax payable by the Corporation in
        relation to that financial year; and

   (b)  to permit the payment to the Commonwealth of a reasonable return on
        the capital of the Corporation. 


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