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(1) the Authority may provide any infrastructural facility of its own or may engage a Government or private agency in the manner prescribed for the purposes of providing an infrastructural facility. (2) Where any infrastructural facility is provided, the Authority shall have the power to levy user- charges for the service so provided. (3) The rates of the user-charges referred to in sub-section (2) shall be fixed for different categories of the users by the Authority, so however, that it ensures an annual return not exceeding sixteen percent post-tax return on the capital investment made in providing the infrastructural facility. (4) The Authority may delegate the power of collection of the user-charges to the agency providing the infrastructural facility. Explanation-For the purposes of this section:- (1) the expression provide includes development, construction, installation, maintenance and operation of the infrastuctural facility; (2) the expression post-tax return means the net return that accrues after payment of the income tax that may be found to be payable on the gross return.
(1) the Authority may provide any infrastructural facility of its own or may engage a Government or private agency in the manner prescribed for the purposes of providing an infrastructural facility. <br> (2) Where any infrastructural facility is provided, the Authority shall have the power to levy user- charges for the service so provided. <br> (3) The rates of the user-charges referred to in sub-section (2) shall be fixed for different categories of the users by the Authority, so however, that it ensures an annual return not exceeding sixteen percent post-tax return on the capital investment made in providing the infrastructural facility. <br>(4) The Authority may delegate the power of collection of the user-charges to the agency providing the infrastructural facility. <br> <span style="margin-left:15px;"></span> Explanation-For the purposes of this section:- <br> <span style="margin-left:15px;"></span> <span style="margin-left:15px;"></span>(1) the expression provide includes development, construction, installation, maintenance and operation of the infrastuctural facility; <br> <span style="margin-left:15px;"></span> <span style="margin-left:15px;"></span> (2) the expression post-tax return means the net return that accrues after payment of the income tax that may be found to be payable on the gross return. <br>