Amendment status not verified — confirm the current text below against the official source.
(1) The Commission shall have power to frame reg~lationifor the e5cient malm rtgula- ptrfomancc of its functions under this Act by nctification in the Gazerte. dm& (2) In partimlar, but without ~rejubiie to the generality of the provisions of sub-section (11, such regulations may provide for 011 or any of the following matters, namely :- (a) the administration of the affairs of the Commission, the exercise of its adminislrative, quasi-judi~i:ial and judicial powers including arbitration and prooedcre, the summoning and holding of meeting of the Commission, the times and places at which such meetings shall be held and the conduct of the business !hereat; (bj' the duties of the Secretary, cjficcrs and employees of the Commission; ' (i) date~mination of the hnctions to b artsigned to li&nsees. and others jnvo1ved in the generation, purchase, transmission, distribut~on and supply . of electricity, the manner in which such functions shall be discharged and the pr~cedurcs and cades to be adopted and enforced in rcgard to the operation and maintenanca of Power system and eIeclric supply.lins. (S) tho procedure for licensing of transmission and supply, ihecoodiljonsfor the grant of Iicences, the Particulars, details and documents to be made available by the pcrsons applying for licences, the standards and general conditions subject to which the Il#*cts shall ' be panted, the exemp~i~ns from grant of licences, the revocation 'and amendment OF licences and the eKect thereof and all matters related thereto; (e) the duties, powers, rights and obligations of l i e ~ s e e ~ ; . U) the ~articulars to be furnished, the collection of informations, details, particulars, docurnent~i* ~ c C O U ~ ~ ~ , books from or of the persons involved in the generation, transmission, dlstribution, supply and use of elecfricity, the form and manner in which the same are to be furnished znd enforcia and compeling theproduction of the same; (g) method and manner of determination of licensee's revenues, tariff kltion, the matter0 to be considered in such determination and fiation; (11) the -constitution of the commission Advisory Committee ; (0 tho determination of ?he staqdard of arfosmeqcp. if 'the inyDIv.e$. 'i'n' the genelation, transmission, distrjbuti~n ang $upply q( el3rlcity in the; State; (j) a e amount of fines and panallies to be imposcd for violation of provisions ' df this Act includag the method and; manner. of imposition o$ fines 8nd penal tics: and coilection of the, same; , .-. , . - . . - . - (k) to pr~scribe the fbrm and manair ii ivttikh the zccouuts of Ihe Coqrnissipe 6hallbcmaintained;add .-'- ( I ) any other matter which is .required to be, or may bs, piescribdl by regulations. Power to 55.. 4) .The .State Goveromeot may, by npiificalion, make rulk to carq out its mah iun=tio.ijs uder ilie, provisioas,,of the Akt. ... . I . * . C' . ,. . (2) In b u t without prij;dice' to th& gkbeia~ity of the pow& &#;tIt:.d ip sub,sectiqn (I), such rules may provide for all or any of the following matters, ridbklk - , . (a] the procedure to be adopted by the selection, ~ommi'ltee far d i i ~ h a r ~ of its functians under the Act; , ' I . .., , - ' . p" (b) tho Rr=paradin i4+. jrs4S.rel ~+i?*ei, the. trrnrf:r of assets to. ge'ieratjng . .. arid' .. , others in the State; . 1 . . . (c) the fiOBmi~p, fuiding aid giviiig: guirintea to PSF;Oi~, .iEva~ved, R tb= generation, transmissioo, distribution and supply of electricity, in the Stdte; .. and ... (d), any dhiq matierr ahiqh is re,pi~.id, lo b=, a! maybe ~rereribt,d 6 y rul,rs. ' , - ,'. aula and