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State of Punjab - Section

Section 9 in The Punjab State Electricity Regulatory Commission Fund Rules, 2006

9. Investment in gainful deposits.

- [Section 103(3)] - The Drawing and Disbursing Officer, if he deems appropriate to do so, with the approval of the Secretary, may invest any amount available in the Fund in any short-term or long-term gainful deposits in any Nationalized Bank with a view to earn profitable returns.