Section 106
Budget of Appropriate Commission.
About this Act
An Act to consolidate the laws relating to generation, transmission, distribution, trading and use of electricity and generally for taking measures conducive to development of electricity industry, promoting competition therein, protecting interest of consumers and supply of electricity to all areas, rationalisation of electricity tariff, ensuring transparent policies regarding subsidies, promotion of efficient and environmentally benign policies, constitution of Central Electricity Authority, Regulatory Commissions and establishment of Appellate Tribunal and for matters connected therewith or incidental thereto.
The Appropriate Commission shall prepare, in such form
and at such time in each financial year as may be prescribed, its budget for the next financial year,
showing the estimated receipts and expenditure of that Commission and forward the same to the
Appropriate Government