What is the purpose of the Regulations?
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The Electricity (Approval and Verification of Investments) Regulations were enacted to make provision for the approval and verification of investments in the Electricity Supply Industry of Uganda. Specifically, the purpose of the Regulations was to –
- Prescribe the procedure for the approval and verification of investments by ERA,
- Set out the requirements to be fulfilled by a Licensee before an investment can be approved by ERA, and
- Set out the principles followed by ERA in approval of investments submitted.