xmlns:atom="http://www.w3.org/2005/Atom"
7. The Council shall apply the harbour revenue in the manner following and not otherwise—
(a)first in payment of the working and establishment expenses and cost of maintenance of the harbour;
(b)secondly in payment of the interest on any moneys borrowed by the Council for the harbour under any statutory borrowing power;
(c)thirdly in payment of all other expenses properly chargeable to harbour revenue; and
(d)fourthly to an account established as a reserve fund for the harbour.