Section 149 Electricity Act 2023

Section 149 of the Electricity Act 2023 is about Expenditure of the Agency. It is under Part XVI (Rural Electrification Agency) of the Act.

The Agency shall, as may be approved by the Board, apply money from the REF created under section 142 of this Act or any other fund at its disposal to pay for —

(a) such projects, programmes or activities as are connected to the objectives, functions and purposes of the Agency;
(b) the cost of administration and maintenance of the Agency;

(c) publicity and advocacy activities of the Agency;
(d) allowances, expenses and other benefits of members of the Board, committees or consultants appointed fir the Agency;

(e) overhead allowances, benefits of employees of the Agency;
(f) salaries, allowance and benefits or employees of the Agency; and
(g) such other activities as may be approved by the Board.