BERC Regulations 19Chapter 2 · Financial Principles

Section 19 · Rebate

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(1)

For payment of bills of the generating company through letter of credit, a rebate of 2 Percent shall be allowed.

(2)

Where payments are made other than through letter of credit within a period of one month of presentation of bills by the generating company, a rebate of 1 Percent shall be allowed.

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