(1) Notwithstanding anything contained in this Act, the powers, rights and functions of the Regional Electricity Authority, the Central Electricity Authority, the Central Government and authorities, other than the State Electricity Board and the State Government under the Indian Electricity Act, 1910 or the Electricity (Supply) Act, 1948 or rules framed thereunder shall remain unaffected and shall continue to be in force.
(2) Nothing contained in this Act shall apply to the power Grid Corporation of India Limited or other bodies or licensees in relation to the inter-state transmission of electricity.
Schedule The Orissa Electricity Regulatory Commission Part-I The Commission's Finance, Accounts and Audit I. Annual Financial Statement - (1) In December of each year, the Commission shall submit to the State Government a statement of its estimated expenditure for the ensuing financial year.
(2) The State Government shall as soon as possible after the receipt of the said statement cause it to be laid on the table of the State Legislature.
(3) The Commission may at any time during the year in respect of which a statement under Sub-paragraph (1) has been submitted, submit a supplementary statement to the State Government who shall cause it to be laid on the table of the State Legislature.
II. Accounts and Audit - (1) The Commission shall cause proper accounts and related records to be kept, including a proper system of internal check and shall prepare an annual statement of accounts in such form as may be prescribed 39 by regulations in consultation with the Comptroller and Auditor General of India or persons designated by him.
(2) The accounts of the Commission shall be audited by the Comptroller and Auditor General of India or by such person as he may authorise on his behalf and any expenditure incurred by him in connection with such audit shall be payable by the State Government.
(3) The Comptroller and Auditor General of India or any person authorised by him in connection with the audit of the accounts of the Commission shall have the right to demand the production of books, accounts, connected vouchers and other documents and papers of the Commission.
(4) The ac