Act Number: 52

Act Name: The Energy Conservation Act, 2001

Year: 2001

Enactment Date: 2001-09-29

Long Title: An Act to provide for efficient use of energy and its conservation and for matters connected therewith or incidental thereto.

Ministry: Ministry of Power

Department:

Section 20: Establishment of Fund by Central Government.
    (1) There shall be constituted a Fund to be called as the Central Energy Conservation Fund and there shall be credited thereto--
         (a) any grants and loans made to the Bureau by the Central Government under section 19;
         (b) all fees received by the Bureau under this Act;
         (c) all sums received by the Bureau from such other sources as may be decided upon by the Central Government.
     (2) The Fund shall be applied for meeting--
         (a) the salary, allowances and other remuneration of Director-General, Secretary, officers and other employees of the Bureau;
         (b) expenses of the Bureau in the discharge of its functions under section 13;
         (c) fee and allowances to be paid to the members of the Governing Council under sub-section (5) of section 4;
         (d) expenses on objects and for purposes authorised by this Act.
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