Subject to the provisions of this Act, the Board shall, in respect of the whole State, have all the powers and obligations of a licensee under the (9 of 1910) and this Act shall be deemed to be the licence of the Board for the purposes of that Act: Provided that nothing in Sections 3 to 11, sub sections (2) and (3) of Section 21 and Section 22, sub section (2) of Section 22 A and Sections 23 and 27 of that Act or in Clause I to V, Clause VII and Clauses IX to XII of the Schedule to that Act relating to the duties and obligations of a licensee shall apply to the Board: (Provided further that the provisions of Clause VI of the Schedule to that Act shall apply to the Board in respect of that area only where distribution mains have been laid by the Board and the supply of energy through any of them has commenced. )" It is clear from a perusal of this provision that the obligation under Sec. 26 is subject to the provisions of this Act.