19. Grants and loans by Central Government.—The Central Government may, after due
appropriation made by Parliament by law in this behalf, make to the Bureau or to the State Governments
grants and loans of such sums of money as the Central Government may consider necessary.
20. Establishment of Fund by Central Government.—(1) There shall be constituted a Fund to be
called as the Central Energy Conservation Fund and there shall be credited thereto—
(a) any grants and loans made to the Bureau by the Central Government under section 19;
(b) all fees received by the Bureau under this Act;
(c) all sums received by the Bureau from such other sources as may be decided upon by the
Central Government.
(2) The Fund shall be applied for meeting—
(a) the salary, allowances and other remuneration of Director-General, Secretary, officers and
other employees of the Bureau;
(b) expenses of the Bureau in the discharge of its functions under section 13;
(c) fee and allowances to be paid to the members of the Governing Council under sub-section (5)
of section 4;
(d) expenses on objects and for purposes authorised by this Act.
21. Borrowing powers of Bureau.—(1) The Bureau may, with the consent of the Central
Government or in accordance with the terms of any general or special authority given to it by the Central
Government, borrow money from any source as it may deem fit for discharging all or any of its functions
under this Act.
(2) The Central Government may guarantee, in such manner as it thinks fit, the repayment of the
principal and the payment of interest thereon with respect to the loans borrowed by the Bureau under
sub-section (1).
22. Budget.—The Bureau shall prepare, in such form and at such time in each financial year as may
be prescribed, its budget for the next financial year, showing the estimated receipts and expenditure of the
Bureau and forward the same to the Central Government.
23. Annual report.—The Bureau shall prepare, in such form and at such time in each financial year
as may be prescribed, its annual report, giving a full account of its activities during the previous financial
year, and submit a copy thereof to the Central Government.
24. Annual report to be laid before Parliament.—The Central Government shall cause the annual
report referred to in section 23 to be laid, as soon as may be after it is received, before each House of
Parliament.
25. Accounts and audit.—(1) The Bureau shall maintain proper accounts and other relevant records
and prepare an annual statement of accounts in such form as may be prescribed by the Central
Government in consultation with the Comptroller and Auditor-General of India.
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(2) The accounts of the Bureau shall be audited by the Comptroller and Auditor-General of India at
such intervals as may be specified by him and any expenditure incurred in connection with such audit
shall be payable by the Bureau to the Comptroller and Auditor-General.
(3) The Comptroller and Auditor-General of India and any other person appointed by him in
connection with the audit of the accounts of the Bureau shall have the same rights and privileges and
authority in connection with such audit as the Comptroller and Auditor-General generally has in
connection with the audit of the Government accounts, and in particular, shall have the right to demand
the production of books, accounts, connected vouchers and other documents and papers and to inspect
any of the offices of the Bureau.
(4) The accounts of the Bureau as certified by the Comptroller and Auditor-General of India or any
other person appointed by him in this behalf together with the audit report thereon shall be forwarded
annually to the Central Government and that Government shall cause the same to be laid before each
House of Parliament.