The Energy Conservation Act, 2001
Section 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.
(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.
Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.
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