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Definitions

Act: Balochistan Pension Fund Management Authority Act 2009

Section Provisions

ACT IX of 2009 ACT IX of 2009 BALOCHISTAN PENSION FUND MANAGEMENT AUTHORITY ACT, 2009 An Act to provide for establishment of an authority for management of pension fund and to generate revenue for discharge of the pension liabilities of the Government [Gazette of Balochistan, Extraordinary, 3rd November, 2009] No.PAB/Legis:V(9)/2009, dated 3-11-2009.---Balochistan Pension Fund Management Authority Bill, 2009 having been passed by the Provincial Assembly of Balochistan on 20th October, 2009 and assented to by the Governor, Balochistan on 24th October, 2009 is hereby published as an Act of the Provincial Assembly. Preamble.---Whereas, it is expedient to establish an authority for management of a Pension Fund for the common benefit of the employees of the Government of Balochistan to provide for their Pensions and the matters connected therewith or ancillary thereto; It is hereby enacted as follows:-- CHAPTER-I PRELIMINARY 2. Definitions.--In this Act unless there is anything repugnant in the subject or context,-- (a) "Act" means the Balochistan Pension Fund Management Authority Act, 2009; (b) "Authority" means the Balochistan Pension Fund Management Authority; (c) "Board" means the Balochsitan Pension Fund Management Board; (d) "Chairman" means the Chairman of the Balochistan Pension Fund Management Board; (e) "Committee" means a committee constituted under section 7, clause (f) of this Act; (f) "Fund" means the Balochistan Pension Fund; (g) "Fund Manager" means the Fund Manager appointed under section 10, subsection (1) of this Act; (h) "Government" means the Government of the Balochistan; (i) "Member" means the Member of the Managemet Board; (j) "Prescribed" means prescribed by the rules made under this Act; (k) "Province" means the Province of the Balochistan; (l) "Regulations" means the regulations framed under this Act; (m) "Reserve Fund" means the Reserve Pension Fund created under section 3, subsection (1) of this Act; (n) "Rules" means the rules made under this Act; and