Section 14: Reserve funds

(1) Without prejudice to the power of the Authority to set aside from its revenue appropriate amounts for replacement, contingencies and other purposes, the Authority shall establish and maintain a general reserve fund and such other reserve funds as the Minister may, from time to time, approve.
(2) The management of the reserve funds, the amount to be credited to and charges to be made against the reserve funds and any other application of the monies comprised in the reserve funds, shall be as the Authority may. with the approval of the Minister, determine.