The revenue of the Authority in any financial year shall be applied in payment of the following charges—
(a) the interest and other charges on, and provisions for repayment of, any loan payable by the Authority;
(b) the sums required to be paid towards the repayment of any loan made to the Authority;
(c) the remuneration, fees and allowances payable under this Act;
(d) the salaries, remuneration, allowances, pensions, gratuities, provident fund and other superannuation benefits of the officers and staff, employed in or in connection with the activities carried on by the Authority;
(e) the working and establishment expenses of, and the expenditure on, or provision for the maintenance of the property and installations of the Authority, and the discharge of the functions of the Authority properly chargeable to revenue account;
(f) such sums as the Authority may consider appropriate to set aside in respect of obsolescence and depreciation or renewal of the property or installations of the Authority;
(g) the cost, or any portion thereof, of any new works, plant, or appliances not being a renewal of property of the Authority, which the Authority may determine to charge to revenue;
(h) sums to be appropriated to the Reserve Fund established under section 29;
(i) any other expenditure authorised by the Authority and properly chargeable to revenue.