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As per
Regulation No. 9 of the Regulations framed by the
Board under section 20 read with Section 79 (d) of
the Electricity (Supply) Act, 1948, and notified as
per G.S.O. No.563 dt. 28-4- 1960, the Board can sell
at its discretion electrical machinery, appliances
etc. on hire-purchase system to any bonafide users
of electricity on conditions and on execution of agreement
that may be prescribed by the Board.
The
rules under which such electrical machinery and appliances
etc., can be sold on hire-purchase system and the
agreement to be executed between the hire-purchaser
and the Board, as approved by the Board, vide MBR
No.1465 dt. 28-11-1962 are enclosed herewith for information.
The
Board under the above resection has authorised the
Executive Engineers to execute the agreements on behalf
of the Board.
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