law: Electricity Act, 2003
  103. Establishment of
  
  Fund by State Government.-
  1.     
  
    There
  
  shall be constituted a Fund to be called the State Electricity Regulatory
  
  Commission Fund and there shall be credited thereto--
  a.      any grants and loans
  
  made to the State Commission by the State Government under section 102;
  b.     all fees received by
  
  the State Commission under this Act;
  c.      all sums received by
  
  the State Commission from such other sources as may be decided upon by the
  
  State Government.
  1.     
  
  
  2.     
  
    The
  
  Fund shall be applied for meeting--
  a.      the salary, allowances
  
  and other remuneration of Chairperson, Members, Secretary, officers and other
  
  employees of the State Commission;
  b.     the expenses of the
  
  State Commission in discharge of its functions under section 86;
  c.      the expenses on
  
  objects and for purposes authorised by this Act.
  3.     
  
    The
  
  State Government may, in consultation with the Comptroller and Auditor- General
  
  of India, prescribe the manner of applying the Fund for meeting the expenses
  
  specified in clause (b) or clause (c) of sub-section (2).