Section 15A of The Energy Conservation Act, 2001
1[15A. Budget of designated agency.—The designated agency 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 and forward the same to the State Government, which shall include the same in the annual budget.]
Summary
- This provision requires the state designated agency to prepare a budget for every financial year.
- It demands that the budget show all estimated receipts and expenditures for the upcoming year.
- It mandates that the agency forward this budget to the State Government.
- It requires the State Government to include this agency budget in its own annual state budget.
Practical examples
FAQ
1. Who prepares the budget under Section 15A of The Energy Conservation Act, 2001?
The designated agency prepares its own budget under Section 15A of the Act.
2. What must be included in the budget under Section 15A of the energy law?
Section 15A of the Act requires the budget to show the estimated receipts and expenditure for the next financial year.
3. Where does the budget go under Section 15A of the 2001 Act?
Under Section 15A of the Act, the agency forwards the budget to the State Government, which includes it in the annual budget.
Test yourself
Q1.Under Section 15A of The Energy Conservation Act, 2001, what specific financial information must the designated agency budget show?
Q2.Who is the designated agency required to forward its budget to, according to Section 15A of the energy conservation law?
Q3.What does the State Government do with the budget it receives under Section 15A of The Energy Conservation Act, 2001?
Q4.How does the designated agency mentioned in Section 15A of The Energy Conservation Act, 2001 get its legal status to exist?