15
Manner of collection of contribution and maintenance of accounts
Act: Balochistan Government Servants Housing Foundation Act 2007
Section Provisions
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. 15. Manner of collection of contribution and maintenance of accounts.---(1) All monthly contributions shall be deducted at source from the salary of the member concerned by the Accountant General or the District Accounts Officers, as the case may be, within whose jurisdiction the disbursement of salary is made to that member. (2) The Accountant General Balochistan shall allocate a separate sub-head for deduction of contributions from the pay bills of the Government servants and pass on the credit to the Foundation regularly within one month of such deduction. (3) The Foundation shall maintain separate account in respect of each member and be responsible to ensure that the amounts of contributions paid by the member or deducted from his pay bills by the Accountant General or the District Accounts Officer, as the case may be, have been received and accounted for the books of the Foundation.