Section 124 Electricity Act 2023

Section 124 of the Electricity Act 2023 is about Contribution payments for the PCAF. It is under Part XV (The Power Consumer Assistance Fund) of the Act.

(1) All consumers and eligible customers including such class of customers under section 123 (2) of this Act shall make contributions to the PCAF at the rates and for the duration specified by the Commission under section 123 (1).

(2) In making contributions to the PCAF under subsection (1), eligible customers shall pay their contributions directly to the PCAF set up by the Commission under this Part and other consumer or class of customers liable to make contributions under this Act shall pay their contributions to their distribution licensee and the distribution licensees shall compile such contributions and send them to the PCAF ; and all collections and payments shall be made in accordance with the guidelines as may be established by the Commission.