CMWSA Act 32Chapter VI · . Revenue, Finance, Accounts, Audit and Budget.

Section 32 · Basis for fixations of taxes, fees and charges

The taxes, fees and charges authorised to be imposed under this Act shall be sufficient to enable the Authority to cover to following :-

(i)

operating expenses,

(ii)

maintenance,

(iii)

taxes payable by the Authority,

(iv)

depreciation,

(v)

interest payments,

(vi)

amounts required for the repayment of long-term extent that such repayments shall exceed the provision for depredation, and

(vii)

adequate allocation to reserves.

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