(1) At the time of seeking a new connection, or at the time of replacement of a meter pursuant to Commission's direction, the applicant shall indicate his option in the application form to procure the meter on his own:
Provided that in all such cases where the meter is procured by the applicant, the Licensee shall reimburse the cost of meter to the applicant as per Regulation 36 (5) and in such case, the meter shall become property of the Licensee:
Provided further that, if any consumer elects to provide his own meter at any stage other than at the time of new connection or at the time of replacement of a meter pursuant to Commission's direction, the consumer shall not be entitled to any such reimbursement and in all such cases, the consumer shall be entitled to take back the meter purchased by him as his asset only after it is permanently removed from the system of the Licensee.
(2) The Licensee shall make available on its website, an updated list of makes and specifications of meters and associated equipment, as approved by the Licensee.