The Travancore-Cochin Electricity Supply Surcharge (Repeal) Act, 1971
The Travancore-Cochin Electricity Supply Surcharge (Repeal) Act, 1971
Tax19714 sections
This Act formally repeals the Travancore-Cochin Electricity Supply Surcharge Act of 1955, effectively ending the previous legal requirement for that specific surcharge. It directs the Kerala State Electricity Board to credit any collected surcharge amounts or recoverable arrears into its own revenue accounts, treating them as the Board's income. This administrative change ensures that funds previously held under the repealed law are properly managed within the Board's financial system. The legislation was deemed to have come into force on April 1, 1968, and received presidential assent in 1971 to finalize this transition.
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