Road Transport Act, 1933

Provisions in relation to settlement and amendment of schedules of charges.

42.—In settling or amending under this Part of this Act a schedule of charges in respect of a licensee under a merchandise licence, the railway tribunal shall, as far as may be practicable, so settle or amend such schedule that the charges appearing therein or fixed thereby shall be such as will, having regard to the estimated volume of traffic, yield a revenue sufficient to pay the cost of carrying on the business authorised by such licence efficiently and economically and to give a reasonable return on the capital expenditure attributable to such business.