Commonwealth Numbered Acts

PIPELINE AUTHORITY AMENDMENT ACT 1980 No. 109, 1980 - SECT 20

20. Section 28 of the Principal Act is repealed and the following sections are
substituted:



"28. In conducting the business of the Authority, the Authority shall act in
accordance with sound commercial principles and shall pursue a policy directed
towards securing revenue sufficient to meet all its expenditure, and provision
for expenditure, properly chargeable to revenue. Estimates

"28A. The Authority shall prepare estimates, in such form as the Minister
directs, of its receipts and expenditure for each financial year and, if so
directed by the Minister, for any other period, and shall submit those
estimates to the Minister not later than such date as the Minister directs.".