Amendment status not verified — confirm the current text below against the official source.
(1) Subject to the provisions of sub-section (2) of section 43 of this Act, the net profit, if any, attributable to each of the main objects, like water supply, sanitation or sewerage, shall be fully credited to the Corporation. Sanction of budget estimates. Government as Guarantor. Disposal of profits and deficits. [Act No.37 of 1998] 25 (2) The net deficit, if any, in respect of any of the objects shall be solely borne by the Government.