TypeBare Act JurisdictionCentral Government Enacted2001

Energy Conservation Act 2001 Section 20

Establishment of Fund by Central Government

Section Text


(1) There shall be constituted a Fund to be called as the Central Energy Conservation Fund and there shall be credited thereto--

(a) Any grants and loans made to the Bureau by the Central Government under section 19;

(b) All fees received by the Bureau under this Act;

(c) All sums received by the Bureau from such other sources as may be decided upon by the Central Government.

(2) The Fund shall be applied for meeting--

(a) The salary, allowances and other remuneration of Director-General, Secretary, officers and other employees of the Bureau;

(b) Expenses of the Bureau in the discharge of its functions under section 13;

(c) Fee and allowances to be paid to the members of the Governing Council under sub-section (5) of section 4;

(d) Expenses on objects and for purposes authorised by this Act.