1 [ The Himachal Pradesh Electricity Regulatory Commission (General Conditions of Transmission Licence) Regul… — THE ELECTRICITY ACT, 2003

1 [ The Himachal Pradesh Electricity Regulatory Commission (General Conditions of Transmission Licence) Regulations, 2004] Amended, repealed or otherwise affected by:- 1 . Corrigendum issued vide notification No. HPERC/381 dated 23 rd June, 2005 published in the R.H.P.(Extra) dated 27 th June, 2005 at p.1480. 2 . (First Amendment) Regulations, 2005 notified vide Not. No. HPERC/381 dated 22 nd February, 2005 and published in the R.H.P. (Extra) dated 23 rd February, 2005 at p.39333934. NOTIFICATION Dated: Shimla, the 10 th June, 2004 No: HPERC/381: -The Himachal Pradesh Electricity Regulatory Commission in exercise of the powers conferred by section 16, read with clause (d) of sub-section (2) of section 181, of the Electricity Act, 2003 (36 of 2003) and all other powers enabling it in this behalf, after previous publication, hereby makes the following regulations, namely:- 1. Short title and commencement. -(1) These Regulations may be called the Himachal Pradesh Electricity Regulatory Commission (General Conditions of Transmission Licence) Regulations, 2004. These Regulations shall come into force on the 10 th June, 2004. Definitions. -In these regulations unless the context otherwise requires ,- “Act” means the Electricity Act, 2003 (36 of 2003); "accounting statement" means for each financial year, accounting statements for the licensed business comprising a profit and loss account, a balance sheet and a statement of sources and application of funds, together with notes thereto as detailed under the Companies Act, 1956 (1 of 1956) and such other particulars and details in the manner as the Commission may direct from time to time. If the transmission licensee engages in any business or activity in addition to the licensed business , the accounting statements shall comply