7.
| (1) It shall be the duty of the governing body of a. public corporation to conduct the business of the corporation so that the ultimate surpluses on revenue account shall at least be sufficient to cover the ultimate deficits on. such account over a period of five years or such other period as may be determined by the Minister of Finance, In determining the ultimate surplus or ultimate deficit for each year under this section, there shall be charged against the revenue account the charges specified in section 9 and the appropriations specified in section 10. |
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| (2) Subsidies which may be received by a public corporation from the Government in terms of section 17 shall be included in the revenue of the corporation in arriving at the surplus or deficit in any year. |
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Sri Lanka Consolidated Acts