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ACT IV OF 2007 ACT IV OF 2007 BALOCHISTAN GOVERNMENT SERVANTS HOUSING FOUNDATION ACT, 2007 An Act to provide for establishment of a housing foundation for introducing a scheme for providing plots on no profit no loss basis to Government servants of the province. [Gazette of Balochistan, Extraordinary, 20th August, 2007] No.PAB/Legis:V(43)/2007, dated 20-8-2007.--The Balochistan Government Servants Housing Foundation Bill, 2007, Bill No 8 of 2007 having been passed by the Provincial Assembly of Balochistan on 11th August, 2007 and assented to by the Governor of Balochistan, on 18th August, 2007 is hereby published as an Act of the Provincial Assembly. Preamble.---Whereas it is expedient to establish the Balochistan Government Servants Housing Foundation in order to introduce a scheme for providing plots on no profit no loss basis to Government servant or to their families in case of death during service and to make provisions for matters connected therewith or ancillary thereto. 7. Power and functions of the Board.---Subject to the provisions of this Act, the Board shall exercise such powers and take such measures as may be necessary for carrying out the purposes of this Act, including-- (a) to take steps for the establishment of a Fund in the manner hereinafter provided, for carrying out the purposes of the Foundation including incurring of expenditure and investment of money; (b) to arrange, purchase or acquire land, wherever necessary, within the Province of Balochistan; (c) to develop the land for the purpose of setting up residential colonies and units with provisions for market and social, recreational, educational, health or other activities necessary for the benefit and welfare of the members and their families; (d) to prepare a master plan for the development of land; (e) to create organizations and employ such persons as may be necessary for running affairs of the Foundation; (f) to exercise control over the housing schemes and look after the operation and maintenance of all essential services; (g) to receive such fees and other user charges as may be prescribed; (h) to sell or dispose of assets, movable, or immovable, of the Foundation in such a manner as may be determined by the Board; (i) to appoint employees and determine their terms and conditions of service; (j) to authorize spending from the fund; (k) to delegate any of these powers and functions to a person or to a body of persons; and (l) to do such acts as are ancillary and incidental to the above functions.