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State of Haryana - Section

Section 7 in The Haryana Transmission and Bulk Supply Licence

7. Prohibition of Subsidies among Separate Businesses.

- 7.1 In respect of each Separate Business, the Licensee shall not, without the prior permission of the Commission, give any subsidy to or receive any subsidy from any other business of the Licensee, whether or not a Separate Business, or any Affiliate or Related Person, except a subsidy granted by the State Government pursuant to Section 12(3) of the Act or a subvention pursuant to Section 27(3) of the Act.