12ATerritory-owned corporation budgets

12A Territory-owned corporation budgets (1) A proposed budget presented to the Legislative Assembly under section 10 (c) for a territory-owned corporation for a financial year must include— (b) for a prescribed territory-owned corporation—a statement that sets out— (i) the outputs and classes of outputs it is proposed that the territory-owned corporation should provide during the (ii) the performance criteria to be met by the territory-owned corporation in providing the outputs; and (iii) for each output and class of output mentioned in subparagraph (i)— (A) the proposed budget expense and proposed appropriation for the financial year; and (B) the estimated expense and appropriation for the previous financial year; and

(c) for a territory-owned corporation that, during the year, is to be given a capital injection that must be repaid—a statement that— (i) states that the capital injection is an injection that must be repaid; and which it must be repaid. (2) A proposed budget must be in a form that facilitates a comparison between— (a) the proposed budget for the territory-owned corporation; and (b) the budget for the territory-owned corporation for the previous (c) the estimated results for the territory-owned corporation for the previous financial year. (3) A proposed budget must also include, for the financial statements mentioned in subsection (1) (a), budget estimates for each of the next