Cap. 545 ст. 21Regulator to meet expenditure out of revenue.

(1) Without prejudice to the following provisions of this article, the Regulator shall so conduct its affairs that so much of the expenditure required for the proper performance of its functions shall, as far as possible, be met out of its revenue.

(2) For such purpose the Regulator shall levy all fees, rates and other payments prescribed and however so described or deemed to be prescribed by or under this Act or any other law related to the powers and functions of the Regulator.

(3) The Regulator shall also be paid by Government out of the Consolidated Fund such sums as Parliament may from time to time authorise to be appropriated to meet any of its expenditure that cannot be met out of its revenue and the costs of specified works to be continued or otherwise carried out by the Regulator, being works of infrastructure or a similar capital nature.

(4) Any excess of revenue over expenditure shall, be applied by the Regulator to the formation of reserve funds to be used for the purposes of the Regulator; and without prejudice to the generality of the powers given to the Minister by this sub-article, any direction given by the Minister as aforesaid may order the transfer to the Government, or the application in such manner as may be specified in the direction, of any part of the fees, rates and other payments levied in accordance with sub-article (2) or any such excess as aforesaid.

(5) Any funds of the Regulator not immediately required to meet expenditure may be invested in such manner as may be decided by the Regulator.