section 34
Establishment of fund by the Government.
The Himachal Pradesh Water Cess On Hydropower Generation Act, 2023Tax202347 sections
Statutory text
- (1) There shall be constituted a fund, to be called the Water Cess on Hydropowers Generation Commission Fund and the following sums shall be credited thereto,-
- (a) any grants or loans made to the Commission by the Government;
- (b) all fees received by the Commission under this Act; and
- (c) all sums received by the Commission from such other sources as may be notified upon by the Government.
- (2) The fund shall be applied for meeting,-
- (a) the salary, allowances and other remuneration of Chairperson, members, officers and other employees of the Commission;
- (b) the expenses incurred to discharge the functions of the Commission under this Act;
- (c) the expenses on objects and for the purposes authorised by this Act.
- (3) The Government may prescribe the manner of applying the fund for meeting the expenses specified in clause (b) or clause (c) of sub-section (2).
Study data processing for this section.
PDF: pending for this language.