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ACT XIV OF 2010 ACT XIV OF 2010 ALTERNATIVE ENERGY DEVELOPMENT BOARD ACT, 2010 An Act to provide for establishment of Alternative Energy Development Board [Gazette of Pakistan, Extraordinary, Part I, 25th May, 2010] No.F.9(18)/2010-Legis., dated 25-5-2010. --The following Act of Majlis-e-Shoora (Parliament) received the assent of the President on 21st May, 2010, is hereby published for general information:--- Whereas, it is expedient to provide for establishment of Alternative Energy Development Board (AEDB) as an autonomous body for the purpose of implementation of various policies, programmes and projects in the field of Alternative or Renewable Energy Technologies; And whereas the objective of the Alternative Energy Development Board is to assist and facilitate development and generation of Alternative or Renewable Energy in order to achieve sustainable economic growth with transfer of technology for development of an indigenous technological base through a diversified energy generation; It is hereby enacted as follows: CHAPTER - II ALTERNATIVE ENERGY DEVELOPMENT BOARD 3. Establishment of the Board.---(1) There shall be established an Alternative Energy Development Board for carrying out the purposes and objectives of this Act. (2) The Board shall be a body corporate having perpetual succession and a common seal, with administrative and financial powers, subject to the provisions of this Act, to enter into agreements, contracts, acquire and hold property, both movable and immovable and to sue and be sued in its name. (3) The head office of the 13oard shall be at Islamabad and the Board may set up sub-offices at such place or places as it may deem necessary. (4) The Board shall comprise of the Chairman and Members.