Section 20 of The Energy Conservation Act, 2001
- (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.
Summary
- Section 20 establishes a national Central Energy Conservation Fund to handle government grants, collected fees, and pay for the Bureau's operations and staff salaries.,
- The fund is filled with money from central government grants and loans, fees collected by the Bureau, and other approved sources.
- A primary use of this money is paying the salaries, allowances, and remuneration of the Bureau's Director-General, Secretary, and other employees.
- It also covers the general operating expenses of the Bureau and the fees for members of the Governing Council.
- Overall, the fund finances any authorized objects and purposes of the central energy conservation rules.
Practical examples
FAQ
1. What pays for the salaries of the Bureau's staff under Section 20 of The Energy Conservation Act, 2001?
Section 20 of The Energy Conservation Act, 2001 mandates that the salaries and allowances of the Director-General, Secretary, and other employees are paid from the Central Energy Conservation Fund.,
2. Does the Central Energy Conservation Fund created by Section 20 of the energy laws only receive government money?
No, Section 20 of the energy laws states that in addition to government grants and loans, the fund also receives all fees collected by the Bureau and other sums decided by the government.
3. According to Section 20 of the Act, are the members of the Governing Council paid from this central fund?
Yes, Section 20 of the Act specifies that the fees and allowances paid to the members of the Governing Council come out of the Central Energy Conservation Fund.
Test yourself
Q1.Section 20 of The Energy Conservation Act, 2001 states that the Central Energy Conservation Fund receives grants and loans made by the Central Government under Section 19. Combining these two rules, what must happen before these specific government funds can enter the Central Fund?
Q2.Under Section 20 of The Energy Conservation Act, 2001, which of the following is NOT listed as an authorized application of the Central Energy Conservation Fund?
Q3.According to Section 20 of the energy administration rules, what happens to the fees collected by the Bureau under this Act?
Q4.Based on Section 20 of the Act, who decides on the other sources of money that can be credited to the Central Energy Conservation Fund, aside from grants, loans, and fees?