Utilisation of Fund: Government must apply credited sums for consumer welfare and maintain prescribed separate accounts. Sums credited to the Fund shall be utilised by the Government for consumer welfare as prescribed. The Government or a specified authority shall maintain proper and separate accounts and relevant records for the Fund and prepare an annual statement of accounts in the prescribed form following consultation with the external auditing authority.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Utilisation of Fund: Government must apply credited sums for consumer welfare and maintain prescribed separate accounts.
Sums credited to the Fund shall be utilised by the Government for consumer welfare as prescribed. The Government or a specified authority shall maintain proper and separate accounts and relevant records for the Fund and prepare an annual statement of accounts in the prescribed form following consultation with the external auditing authority.
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