ELECTRIC POWER SECTOR REFORM ACT
Section 83: Establishment of the Power Consumer Assistance Fund.
(1) The Commission shall set up and administer a fund under the name "Power Consumer Assistance Fund" to be used for the purposes specified in subsection (4) of this section.
(2) The Commission shall keep and manage the money and assets of the Power Consumer Assistance Fund and shall handle the procedures for disbursement from the Power Consumer Assistance Fund under this Act.
(3) The Power Consumer Assistance Fund shall consist of the following capital and assets :
(a) the contributions delivered under section 85 ; and
(b) any subsidies received from the Federal Government of Nigeria as appropriated by the National Assembly.
(4) The Power Consumer Assistance Fund shall be used to subsidise underprivileged power consumers as specified by the Minister.
Cite this section
Section 83, ELECTRIC POWER SECTOR REFORM ACT (2005).
https://repo.podus.ai/laws/electric-power-sector-reform-act/section/83/