Electricity (Supply) (Amendment) Act, 1982

Capital expenditure by Board.

2.—(1) The Board shall not incur any expenditure for capital purposes without the approval of the Minister.

(2) The total expenditure of the Board for capital purposes shall not exceed such sum as may stand specified from time to time by the Minister.

(3) Section 2 of the Act of 1954 is hereby repealed.

(4) This section shall come into operation on the 1st day of September, 1982.