The Energy Conservation Act, 2001
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.
1.
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.