(1) A port authority
may levy and collect, in relation to its functions under this Act or any other
written law, such fees for licences and approvals as are provided for in the
regulations and such port charges as the port authority determines.
(2) Port charges are
to be determined by the port authority in accordance with prudent commercial
principles and may allow for —
(a) the
making of a profit; and
(b)
depreciation of assets.