Fund utilisation: sums credited must be used for consumer welfare and accounted annually in prescribed form. Section 58 directs that all sums credited to the Fund shall be utilised by the Government for the welfare of the consumers in the prescribed manner, and ... Summary
Fund utilisation: sums credited must be used for consumer welfare and accounted annually in prescribed form.
Section 58 directs that all sums credited to the Fund shall be utilised by the Government for the welfare of the consumers in the prescribed manner, and that the Government or its specified authority must maintain proper and separate account and records and prepare an annual statement of accounts in a prescribed form in consultation with the Comptroller and Auditor General of India.
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