PORTS ACT

Section 32: Application of surplus revenue.

1956Section 32 of 138Federal Republic of Nigeria

Any excess of the Authority's revenues for any financial year over its outgoings and charges for that year chargeable under section 30 of this Act to revenue account shall be applied for such purposes as the Authority may determine:
Provided that no part of any such excess shall be applied otherwise than for the purposes of the Authority.

Cite this section

Section 32, PORTS ACT (1956).

https://repo.podus.ai/laws/ports-act/section/32/