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State of Punjab - Section

Section 5 in The Punjab State Electricity Regulatory Commission Fund Rules, 2006

5. Application of the Fund.

- [Section 103(2)]- (1) The Fund shall be applied for meeting-(a)the salary, allowances and other remuneration of Chairperson, Members, Secretary, Officers and other employees of the Commission;(b)the expenses of the Commission in discharge of its functions under Section 86 of the Act; and(c)the expenses on objects and for purposes, authorized by the Act.
(2)The Fund shall not be used for any purposes other than those specified in sub-rule (1).