Section 16
Proper annual accounts by licensee
of Electricity Supply Enactment 2024
State EnactmentIn forceProvision 16 of 112
Section 16
(1)
The licensee shall keep and maintain proper annual accounts of activities under the licence containing sufficient details as may be required of any revenues, costs, assets, liabilities, reserves or any other related matters.
(2)
The accounts shall also be in accordance with any guidelines or directions as the Commission may, from time to time, issue to the licensee and such accounts shall be submitted to the Commission accordingly.