Section 28Part 4 — Financial Provisions
Annual payment to core government
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28. (1) Any annual payment of the Authority to the core government shall be calculated by a formula determined by the Financial Secretary after consultation with the Authority and the Minister, and the balance shall be carried forward to the account of the Authority.
No receipts under section 23(1)(f) shall be taken into account in calculating the amount of any annual payment into the general revenue of the Islands under subsection (1).