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9 of 1908
30 of 1966
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1[60A.
Where the right to recover any amount due to the State Government
for or in connection with the consumption of electricity is
vested in the Board and the period or limitation to enforce
such right has expired before the constitution of the Board,
or within three years of its constitution, then, notwithstanding
anything contained in the Indian Limitation Act, 1908 or any
other law for the time being in force relating to limitation
of action, the Board may institute a suit for the recovery
of such amount, -
(i) where it has been constituted
before the commencement of the Electricity (Supply Amendment
Act, 1966, within three years of such commencement; and
(ii) where it has been constituted
after such commencement, within three years of its constitution.]
61.
(1) In February of each year the Board shall submit to the
State Government a statement in the prescribed form of the
estimated capital and revenue receipts and expenditure for
the ensuing year.
2)
The said statement shall include a statement of the salaries
of 2[members and officers and other employees] of the Board
and of such other particulars as may be prescribed.
(3) The State Government shall
as soon as may be after the receipt of the said statement
cause it to be laid on the table of the 3[House]
or as the case may be ,4[Houses] of the State Legislature;
and the said statement shall be open to discussion therein,
but shall not be subjected to vote.
(4) The Board shall take into
consideration any comments made on the said statement in the
State Legislature.
(5) The Board may at any time
during the year in respect of which a statement under sub-section
(1) has been submitted, submit to the State Government a supplementary
statement, and all the provisions of this section shall apply
to such statement as they apply to the statement under the
said subsection.
62.
(1) Save where in the opinion of the Board circumstances
of extreme urgency have arisen, no sum exceeding 5[seventy-five
thousand] rupees on account of recurring expenditure or exceeding
6[three lakhs] of rupees on account on non-recurring expenditure
shall be expended by the Board in any year of account unless
such sum has been included in a statement submitted under
sub-section (1) or sub-section (5) of section 6.]
(2)
Where any such sum is expended under circumstances of extreme
urgency 7[,it shall be expended in accordance with the regulations
made by the Board with the previous approval of the State
Government and ] a report thereon indicating the source from
which it is proposed to meet the expenditure shall be made
as soon as practicable to the State Government.
63.
The State Government may, with the approval of the State Legislature,
from time to time make subventions to the Board for the purposes
of this Act on such terms and conditions as the State Government
may determine.
64.
The State Government may, from time to time, advance loans
to the Loans Board on such terms and conditions, not inconsistent
with the provisions of this Act, as the State Government may
determine.
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Period of
limitation
extended in
certain cases.
Annual
financial statement.
Restriction on unbudgeted
expenditure.
Subventions to the Board.
Loans
to
the Board.
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1 Ins. By
Act 30 of 1966, s 12.
2 Subs, by Act 23 of 1978, s. 10, for “members,
officers and servants”.
3 Subs by the A. O. 1950 for “Chamber’’.
4 Subs, ibid., for “Chambers”.
5 Subs. By Act 30 of 1966, s. 13, for “twenty-five
thousand”
6 Subs by s. 13, ibid., for “one lakh”
7 Ins. By Act 23 of 1978, s. 11. |