9.
| (1) The revenue of a public corporation in any year shall consist of moneys received and accrued in like exercise, performance or discharge of its powers, duties or functions in respect of-
| | (a) the sale of its products and services; | | |
| | (b) any subsidies received in terms of section 17; and | | |
| | (c) other sundry income including profit from the sale of capital assets. | | |
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| (2) For the purpose of determining the net surplus or net deficit in any year of a public corporation, the following charges shall be set off against its revenue:-
| | (a) the working, establishment and other expenses of the corporation whether paid or accrued in connection with the exercise, performance and discharge of its powers, duties and functions, properly chargeable to revenue account; | | |
| | (b) allocations to cover the depreciation of the movable and immovable property of the corporation, based on historical cost; | | |
| | (c) the interest on any loans obtained by the corporation; | | |
| | (d) any losses incurred in the sale of capital assets; | | |
| | (e) income tax or any other tax which the corporation is required to pay under any written law; and | | |
| | (f) payment to the Consolidated Fund of a return on the capital grants of the Government at such rate, or payment to the Consolidated Fund of such amount, as may be determined, from time to time, by the Minister of Finance. | | |
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Sri Lanka Consolidated Acts