NATIONAL ELECTRIC POWER AUTHORITY ACT

Section 14: Relation of charges to dividends.

1972Section 14 of 45Federal Republic of Nigeria

Where any authorised undertaker receives a supply of electricity in bulk from the Authority, the Minister may, having regard to any change in the cost of electricity to the authorised undertaker attributable to this Act, by regulation made under the Electricity Act, make provisions as to the relation between the charges to be made for electricity supplied to consumers and the dividends to be paid or profits earned by the authorised undertaker and such provisions shall have effect as if they were in substitution for any provisions as to the relation of charges to dividends or profits contained in the licence or agreement relating to the undertaking of the authorised undertaker.

Cite this section

Section 14, NATIONAL ELECTRIC POWER AUTHORITY ACT (1972).

https://repo.podus.ai/laws/national-electric-power-authority-act/section/14/