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ACT I of 2007 ACT I of 2007 BALOCHISTAN GENERAL PROVIDENT INVESTMENT FUND ACT, 2007 An Act to provide for establishment of a General Provident Investment Fund in the Province of Balochistan. [Gazette of Balochistan, Extraordinary, 13th June, 2007] No. PAB/Legis:V(37)/2007, dated 12-6-2007.--The Balochistan General Provident Investment Fund Bill 2007, Bill No.2 of 2007 having been passed by the Provincial Assembly of Balochistan on 29th May, 2007 and assented to by the Governor of Balochistan, on 2nd June, 2007, is hereby published as an Act of the Provincial Assembly. Preamble.--Whereas it is expedient to provide for establishment of a General Provident Investment Fund in the Province of Balochistan. It is hereby enacted as follows:-- 5. Constitution of the Board.---(1) There shall be a Board for carrying out the purposes of section 4, consisting of the following members:-- (a) The Chief Secretary to Government Chairman (b) The Secretary Finance Department Member (c) The Secretary S&GAD Member (d) Representative of the subscribers to the Fund to be nominated by the Government Member (e) An Additional Secretary of the Finance Department to be nominated by the Secretary Finance Secretary-cum Member (2) The Board shall meet at such a place and on such date as the Chairman may direct. (3) The Board shall evolve its own procedure for the conduct of its business under this Act. (4) Secretary Finance would conduct the business on behalf of the Chairman by proper authority delegated to him. (5) No remuneration shall be admissible to any member or Secretary or Chairman of the Board.