JKE Act 80अध्याय X · Grants, Fund, Accounts, Audit and Report

धारा 80 · Establishment of fund by Government

(1)

There shall be constituted a Fund to be called the State Electricity Regulatory Commission Fund and there shall be credited thereto, -

(a)

any grants and loans made to the Commission by the Government under section 79;

(b)

all fees received by the Commission under the Act;

(c)

all sums received by the Commission from such other sources as may be decided upon by the Government.

(2)

The fund shall be applied for meeting, -

(a)

the salary, allowances and other remuneration of Chairperson, Members, Officers and other Employees of the Commission;

(b)

the expenses of the Commission in discharge of its functions under section 71;

(c)

the expenses on objects and for purposes authorized by the Act.

(3)

The Government may, in consultation with the Comptroller and Auditor General of India, prescribe the manner of applying the Fund for meeting the expenses specified in clause (b) or clause (c) of sub-section (2).

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