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Substitution of section 5 of Act VII of 1994

Act: Balochistan Education Foundation (Amendment) Ordinance 2006

Section Provisions

ORDINANCE V OF 2006 ORDINANCE V OF 2006 Balochistan Education Foundation (Amendment) Ordinance 2006 An Ordinance further to amend the Balochistan Education Foundation Act, 1994 [Gazette of Balochistan, Extraordinary, 8th May, 2006] 4. Substitution of section 5 of Act VII of 1994.---In the said Act, for section 5, the following shall be substituted:-‑ "5. Constitution of the Board.---(1) There shall be a Board of Directors of the Foundation consisting of not less than eleven private sector Directors, together with the Chairman, the Managing Director, and the following four Government officials, namely, the Chief Secretary, the Additional Chief Secretary Planning and Development the Secretary Education and the Secretary Finance. (2) The Governor shall be ex officio Chairman of the Board. (2) (a) Each private sector Director shall be elected for a term of three years, and shall be eligible for election to a second consecutive such term. (b) Notwithstanding the provision of clause (a) of this subsection, in the case of the first Board: (i) one-half of the private sector Director -shall retire at the end of their first term; and (ii) the remaining private sector Directors shall continue in office for a second term of three years. The first batch of Directors to retire be selected through a secret ballot/draw conducted by the Board. Thereafter the remaining directors will retire batch-wise after every three years. (c) The private sector Directors to retire pursuant to clause (b) of this subsection shall be selected by the Board by secret ballot. (4) The Board, may be majority vote, remove any Director private sector Director on the grounds of non-participation, inefficiency or misconduct or convicted by the Court of law. (5) Any Director from private sector may, by writing under his hand addressed to the chairman, resign from the Board. (6) Any vacancy in the Board caused by removal, retirement or resignation of any Director from private sector Director, may be filled by the Board by electing a Member from the private sector. A person so elected shall hold office for the un-expired period of the term of his predecessor. For' the purpose of elections of private sector members the Chairman of the Board will submit a panel of at least, three names per vacancy from which the Board may elect one by majority vote. (7) Proceedings of the Board shall be conducted in such manner as may be prescribed by the Board. "