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Electricity Act - The Bahamas Laws On-Line - The Government of ...

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ELECTRICITY [CH.194 – 19<br />

(3) After the end <strong>of</strong> each financial year, as soon as<br />

the accounts <strong>of</strong> the Corporation have been audited, the<br />

Corporation shall cause a copy <strong>of</strong> the statement <strong>of</strong> account<br />

to be transmitted to the Minister together with a copy <strong>of</strong><br />

any report made by the auditors on that statement or on the<br />

accounts <strong>of</strong> the Corporation.<br />

(4) <strong>The</strong> Minister shall cause a copy <strong>of</strong> every such<br />

statement and report to be laid on the table <strong>of</strong> both Houses<br />

<strong>of</strong> Parliament.<br />

25. (1) <strong>The</strong> Corporation shall, as soon as practicable<br />

after the end <strong>of</strong> each financial year, cause to be made and<br />

transmitted to the Minister a report in such form as the<br />

Minister may, from time to time, direct dealing generally<br />

with the activities <strong>of</strong> the Corporation during the preceding<br />

year.<br />

(2) <strong>The</strong> Minister shall cause a copy <strong>of</strong> every such<br />

report to be laid on the table <strong>of</strong> both Houses <strong>of</strong><br />

Parliament.<br />

26. <strong>The</strong> Corporation shall be liable to such duties<br />

under the Tariff <strong>Act</strong> as specified in the First Schedule in<br />

respect <strong>of</strong> any <strong>of</strong> the items specified in the First Schedule<br />

which are imported for use by the Corporation.<br />

23 <strong>of</strong> 1971, Sch.<br />

23 <strong>of</strong> 1971, Sch.<br />

Annual Report.<br />

44 <strong>of</strong> 1963, s. 15.;<br />

23 <strong>of</strong> 1971, Sch.<br />

23 <strong>of</strong> 1971, Sch;<br />

19 <strong>of</strong> 1975, s. 2.<br />

Duties and<br />

Exemptions.<br />

18 <strong>of</strong> 1999, s. 2.<br />

Ch. 295.<br />

First Schedule.<br />

PART III<br />

TRANSFER TO CORPORATION OF GOVERNMENT<br />

UNDERTAKINGS<br />

Property, Contracts, etc.<br />

27. In this Part <strong>of</strong> this <strong>Act</strong>, unless the context<br />

otherwise requires —<br />

“public undertaking” means any installation which<br />

was, immediately before the commencement <strong>of</strong><br />

this <strong>Act</strong>, the property <strong>of</strong> the <strong>Government</strong> or was<br />

vested in any person for and on behalf <strong>of</strong> such<br />

<strong>Government</strong>, and was operated by or on behalf<br />

<strong>of</strong> such <strong>Government</strong>, for the supply <strong>of</strong> energy to<br />

the public and for <strong>Government</strong> purposes;<br />

“transferred undertaking” means any installation<br />

vested in the Corporation by section 28 <strong>of</strong> this<br />

<strong>Act</strong>.<br />

Interpretation.<br />

–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––<br />

[Original Service 2001]<br />

STATUTE LAW OF THE BAHAMAS

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