Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 24] [Entire Act]

State of Bihar - Subsection

Section 24(c) in Bihar Electricity Regulatory Commission (Multi Year Distribution Tariff) Regulations, 2015

(c)The Contingency Reserve shall not be drawn upon during the term of the license except to meet such charges as may be approved by the Commission, such as following:
(i)Expenses or loss of profits arising out of accidents, strikes or circumstances which the management could not have prevented;
(ii)Expenses on replacement or removal of plant or works other than expenses required for normal maintenance or renewal;
(iii)Compensation payable under any law for the time being in force and for which no other provision is made: