The Bihar Gazette — THE ELECTRICITY ACT, 2003

The Bihar Gazette E X T R A O R D I N A R Y PUBLISHED BY AUTHORITY 20 CHAITRA 1928 (S) (No. PATNA 355) PATNA, TUESDAY 10TH APRIL 2007 BIHAR ELECTRICITY REGULATORY COMMISSION (BERC) LICENSING OF TRANSMISSION OF ELECTRICITY NOTIFICATION The 5th April 2007 No. BERC/Regl/7/06-2/2007– In exercise of powers conferred under section 181 read with Sections 15,16 and 18 of the Electricity Act, 2003 (36 of 2003) and all other powers enabling the Commission in this behalf, the Bihar Electricity Regulatory Commission hereby makes the following Regulations: Chapter – 1 Preliminary 1. Short Title, Extent and Commencement (i) These Regulations shall be called the Bihar Electricity Regulatory Commission (Licencing for Transmission of Electricity) Regulations, 2007. (ii) These Regulations extend to the whole state of Bihar. (iii) These Regulations shall come into force on the date of their publication in the official Gazette of the State. 2. Definitions and Interpretation In these Regulations, unless the context otherwise requires: (a) “Act” means the Electricity Act, 2003 (36 of 2003),. (b) "Annual Accounts" means the accounts of the Transmission Licensee prepared in accordance with the provisions of the Companies Act, 1956, and / or in such other manner as may be directed by the Commission from time to time in terms of the provisions of the Act. (c) "Applicant" means the person who made an application for grant of a licence for intra-state transmission of electricity. (d) "Area of Transmission" means the area stated in the transmission licence within which the Transmission Licensee is authorised to establish, operate and maintain transmission lines and transmission system. (e) "Auditors" means the Transmission Licensee's auditors, and if the Transmission Licensee is a company, auditors