Amendment status not verified — confirm the current text below against the official source.
LEASES OF GENERATING STATIONS. -No licensee shall except with the previous approval in writing of the Board subject to any conditions which the Board may think fit to impose, enter into any arrangement whereby any generating station is to be let or held on lease by him, and any such arrangement entered into in contravention of this sub-section shall be void and of no effect. 1[57. LICENSEE’S CHARGES TO CONSUMERS. -The provisions of the Sixth Schedule 2[* * *] shall be deemed to be incorporated in the licence of every licensee, not being a local authority- (a) In the case of a licence granted before the commencement of this Act, from the date of the commencement of the licensee's next succeeding year of account; and (b) In the case of a licence granted after the commencement of this Act, from the date of the commencement of supply, and as from the said date, the licensee shall comply with the provisions of 31th said Schedule) accordingly, and any provisions of The Indian Electricity Act, 1910 (9 of 1910), and the licence granted to him there under and of any other law, agreement or instrument applicable to the licensee shall, in relation to the licensee be void and of no effect in so far as they are inconsistent with the provisions of Sec. 57-A and 3[the said Schedule].