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Section 185-A: Constitution of Fund for utilization of Water Usage Charges.

The Jammu and Kashmir Water Resources (Regulation and Management) Act, 2010Union territory Act of Jammu and Kashmir · Act 21 of 2010

[185-A. Constitution of Fund for utilization of Water Usage Charges.–– (1) The Finance Department will constitute a ‘fund’ under a proper Account No. in the Jammu and Kashmir Bank or allot an ‘Account Head’ in which amount realized as water usage charges under the Act from such users who are generating power from Hydroelectric Projects in the State shall be deposited.

[(2) The fund, so created, shall be operated upon by the Administrative Secretary, Finance Department, for the purpose of being utilized for establishment of Hydel Projects, Hydroelectric Projects, Multipurpose Hydroelectric Projects, buying back Hydroelectric Power Projects already established in the State, capital investment in electric transmission and distribution network within the territory of the State and the purchase of power by the State Government or its entities, with the prior approval of the Government.]

Where this provision sits

ActThe Jammu and Kashmir Water Resources (Regulation and Management) Act, 2010
Section185-A
Marginal noteConstitution of Fund for utilization of Water Usage Charges.
JurisdictionUnion territory of Jammu and Kashmir
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act XVII of 2012. . Section 185-A inserted by Act XVII of 2012, s. 2, w.e.f. 14-08-2012.
  • substituted, Act XVIII of 2014. . Sub-section (2) substituted by Act XVIII of 2014, s. 2, w.e.f. 31-07-2014.

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