URBAN COUNCILS ACT Chapter 29:15 expenses as the amount credited to the parking account in terms of proviso (i) bears to the total amount received from that sale; (iii) if the council financed only a portion of the cost of the construction of the parking garage from the parking account or any similar account or fund, a proportion of the excess referred to in paragraph (b) of proviso (i), less an appropriate proportion of the expenses determined in terms of proviso (ii) shall be credited to the parking account to the extent that the council financed the cost of construction from any such fund or account. (4) Moneys credited to the parking account may be expended only on— (a) employing parking supervisors in terms of paragraph (b) of subsection (1) of section one hundred and forty-two and expenses incidental to such employment; and (b) meeting any expenses incurred in the implementation of the Municipal Traffic Laws Enforcement Act [Chapter 29:10]; and (c) meeting any expenses incurred in providing, improving and developing facilities for the parking of motor vehicles within the council area, including payments in respect of the redemption of loans raised in connection therewith and interest charges thereon; and (d) the purchase or lease of land used or to be used for the purposes referred to in section one hundred and eighty-nine or one hundred and ninety; and (e) the payment to any other account of the council of such amounts as the council may consider to be an economic rental for any parking place provided in terms of subsection (1) of section one hundred and eighty-nine otherwise than on a road; and (f) the payment to any other account of the council in accordance with the by-laws of the council of amounts in respect of land owned by the council which is used or to be used for the purposes referred to in section one hundred and ninety; and (g) constructing, acquiring or leasing buildings in terms of subsection (1) of section one hundred and ninety; and (h) meeting the expenses of maintaining and operating facilities provided in terms of section one hundred and eighty-nine or one hundred and ninety, including the employment of staff and reasonable charges for such maintenance and supervision, together with all incidental expenses necessary in connection with such matters; and (i) the payment of subsidies for any transport system; and (j) any other matter in respect of which the council is specifically authorized by or in terms of any other law to expend moneys from the parking account. (5) Any moneys credited to the parking account which are not immediately required for the purposes of paragraphs (a) to (j) of subsection (4) may be invested in terms of section three hundred and two. 192 Provision of omnibus services and stations (1) Subject to sections one hundred and ninety-four to one hundred and ninety-six, a council may— (a) on land acquired, leased or set aside by the council for the purpose and on any road, provide and maintain places for the parking and standing of omnibuses; (b) establish, acquire, construct, maintain and carry on within the council area or any other area under the administration and control of the council, an omnibus service; (c) enter into an agreement with any person for the establishment or acquisition of any omnibus service or for the construction or laying down of any works for such service or for the equipment, maintenance, carrying on and working of such service, and for the guaranteeing of the capital cost and interest on the capital cost thereof; (d) exercise the powers conferred by paragraphs (b) and (c)— (i) either alone or in conjunction with any other person; (ii) in any area outside the council area or any other area under the administration and control of the council, with the consent of the local authority, if any, of such area, or, if there is no local authority in such area, with the consent of the Minister; (e) grant subsidies in respect of any service referred to in this subsection. 67