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State of West Bengal - Section

Section 32 in The Calcutta Metropolitan Water And Sanitation Authority Act, 1966

32. Basis for fixations of taxes, fees and charges. -

The taxes, fees and charges authorised to be imposed under this Act shall be sufficient to enable the Authority to cover to following :-
(i)operating expenses,
(ii)maintenance,
(iii)taxes payable by the Authority,
(iv)depreciation,
(v)interest payments,
(vi)amounts required for the repayment of long-term extent that such repayments shall exceed the provision for depredation, and
(vii)adequate allocation to reserves.