Amendment status not verified — confirm the current text below against the official source.
Substituted by G.O.Ms.No.45, Law (F) Department, dated 01.06.2016. Short title, extent and commencement. Definition and interpretation. 2 [Act No. XV of 1954] (d) „document‟ in relation to an undertaking, includes its books, accounts, registers, maps and plans; (e) „Electricity Act‟ means 3the Indian Electricity Act, 1910 (Central Act 9 of 1910); (f) „Electricity Supply Act‟ means 3the Electricity (Supply) Act, 1948 (Central Act 54 of 1948); (g) „fixed assets‟ includes works, spare parts, stores, tools, motor and other vehicles, office equipment and furniture; (h) „Government‟ mean the State Government; (i) „intangible assets‟ means any amount paid on account of goodwill, under-writers‟ commission and such preliminary and promotional expenditure shown as a debit in the capital account of the undertaking, as has fairly arisen in promoting electricity supply; (j) „licensee‟ means a person licensed under Part II of the Electricity Act to supply electricity energy, or a person who has obtained sanction under section 28 of that Act to engage in the business of supplying electricity and in relation to an undertaking taken over or an undertaking which has vested in the Government under section 4 the person, who was the licensee at the time the undertaking was taken over or vested in the Government, as the case may be, and includes the successor-in-interest of any such person; (k) „prescribed‟ means prescribed by rules made under this Act;