Punjab Electricity Act, 1939 (Punjab Act VI of 1939).

This Act aims to explain and amplify section 7 of the Electricity Act, 1910 in its application to the Punjab and to give the Punjab Government the powers of a licensee when it engages in the business of supplying electrical energy. The Electricity Act, 1910, shall, in its application to the Punjab be amended as follows: the notice to be given under sub-section (4) of section 7 of the Act, is to be given not less than one year before the specified date and that no further notice is necessary; a purchase shall be deemed to have been effected on such date as Government may appoint within a period of six months after the specified date, whether the purchase money has been paid or not; the purchase money shall be paid to the licensee within a period of six months of the specified or fixed date for the purchase as the case may be, and if for any reason the purchase money is not paid within such period the licensee shall be entitled to interest at 1 per cent above State Bank of Pakistan rate from the expiry of such period.