Section 15: General duties of the Corporation

(1) It shall be the duty of the Corporation to-
(a) manage and operate, in accordance with the provisions of this Act, the railway undertaking transferred to the Corporation by virtue of the provisions of this Act and any expansions or extensions thereof and any new railway and to provide all reasonable facilities for carriage by the Corporation of passengers and goods;
Provided that the Corporation shall not be under any obligation to continue or introduce any particular service or facility which is uneconomic, or which appears to the Corporation unlikely to provide within a reasonable time adequate revenue to meet the cost of the Corporation of providing that service or facility, unless the Minister so directs, in which event the Corporation may be reimbursed from the public revenue of the Federation, the amount by which it is proved to the satisfaction of the Minister that the revenue received from the service or facility in respect of any financial year is less than the amount of the charges properly chargeable to revenue in respect of that year and attributed to that service or facility;
(b) control the expenditure of the Corporation, whether on revenue or capital account;
(c) conduct the affairs of the Corporation as to ensure that, so far as practicable, the annual revenue of the Corporation are, taking one financial year with another, sufficient to meet all charges properly chargeable to revenue; and
(d) direct and control any expansion or extension of the railway and the construction of any new railway.
(2) In forming programmes of reorganization or development involving substantial outlay on capital account, the Corporation shall act on lines settled, from time to time, with the approval of the Minister.
(3) For the purposes of this section, the expression "charges properly chargeable to revenue" includes the charges referred to in section 41 of this Act.