Cap. 350 Art. 24Revenue of Authority.

(1) (a) The revenue of the Authority shall consist of -

(i) such sums as Parliament shall each year determine to be payable to the Authority;

(ii) thirty or a percentage being not less per centum, than fifteen per centum and not more than fifty which may by regulation be per centum stipulated by the Prime Minister in consultation with the Minister responsible for finance, of the revenue accruing to the Government from wireless and television licenees after deducting a in respect of expenditure reasonably per centum incurred for the collection thereof;

(iii) the revenue accruing to the Authority from broadcasting licences, as provided in article 14(1); and

(iv) such sums as may from time to time be payable to the Authority by a broadcasting contractor or cable or other broadcasting operator as provided in article 14(2) and article 3(3).

(b) The sum to be paid to the Authority in terms of paragraph (a)(i) and (ii) shall not be less than five hundred and eighty-two thousand and three hundred and fifty euro (582,350) per year, and any sum payable to the Authority in virtue of the said paragraphs shall be a charge upon the Consolidated Fund.

(2) Sub-article (1) shall be without prejudice to the provisions of article 118(8) of the Constitution.