Energy Audit - Law Dictionary Search Results
Home Dictionary Name: energy auditEnergy audit
Energy audit, means the verification, monitoring and analysis of use of energy including submission of technical report containing recommendations for improving energy efficiency with cost benefit analysis and an action plan to reduce energy consumption. [Energy Conservation Act, 2001 (52 of 2001), s. 2(i)]...
Audit
Audit, an examining of accounts. An audit may be either detailed or administrative, and is usually both. A detailed audit is a comparison of vouchers with entries of payment, in order that the party whose accounts are audited may not debit his employer with payments not in fact made. An administrative audit is a comparison of payments with authorities to pay, in order that the party whose accounts are audited may not debit his employer with payments not authorised. If in either branch of audit an improper entry is discovered, the auditor surcharges the party whose accounts are audited; whereby the payment must be made by such party out of his own pocket. Where no fraud is suspected, however, and when there has been no negligence, it is common for the surcharge to be remitted [see, e.g., (English) Local Government Act, 18 (23 & 24 Geo. 5, c. 51), s. 230], especially where the party whose accounts are audited has given his service gratuitously.The public accounts are audited under the (E...
audit
audit 1 : a formal examination of an organization's or an individual's financial records often for the purpose of uncovering fraud or inaccurate tax returns ;also : the final report of such an examination 2 : a methodical examination and review audit vb ...
audit committee
audit committee : a corporate committee made up of usually outside directors who review audits and evaluations of the corporation and its officers ...
Date of finalisation of the duly audited accounts
Date of finalisation of the duly audited accounts, means the date on which the audited accounts of the company are adopted at the annual general meeting of the company. [Sick Industrial Companies (Special Provisions) Act, 1985, s. 3 (1) (da)]...
Energy
Energy, means any form of energy derived from fossil fuels, nuclear substances or materials, hydro-electricity and includes electrical energy or electricity generated from renewable sources of energy or bio-mass connected to the grid. [Energy Conservation Act, 2001 (52 of 2001), s. 2(h)]it means electrical energy:(i) generated, transmitted or supplied for any purpose, or(ii) used for any purpose except the transmission of a message. [Indian Electricity Act, 1910, s. 2(g)]...
Energy conservation building codes
Energy conservation building codes, means the norms and standards of energy consumption expressed in terms of per square metre of the area wherein energy is used and includes the location of the building. [Energy Conservation Act, 2001 (52 of 2001), s. 2(j)]...
Energy Management Centre
Energy Management Centre, means the Energy Management Centre set up under the Resolution of the Government of India in the erstwhile Ministry of Energy, Department of Power No. 7(2)/87-EP(Vol.IV), dated the 5th July 1989 and registered under the Societies Registration Act, 1860. [Energy Conservation Act, 2001 (52 of 2001), s. 2(l)]...
High energy physics
the branch of particle physics which studies collisions of particles accelerated to such high energy that new fundamental particles are generated in the process The creation of new particles of very high energy is required to permit the study of the most fundamental relations between forms of matter so as to understand the fundamental nature of matter The high energies also reproduce the high temperature conditions at the earliest phase of the big bang allowing generation of some data relevant to understanding the nature and evolution of the universe...
Energy consumption standards
Energy consumption standards, means the norms for process and energy consumption standards specified under clause (a) of s. 14. [Energy Conservation Act, 2001 (52 of 2001), s. 2(k)]...
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