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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-V BUDGET, EXPENSES AND AUDIT 11. Budget and accounts.--(1) The Fund Manager shall be responsible for the preparation of the budget of the Fund for each financial year starting from the 1st day of July of a Gregorian calendar year and ending on 30th June of the succeeding year. (2) The budget shall be placed for approval before the Board at least thirty days prior to the commencement of a financial year. (3) The accounts of the Fund shall be maintained in such manner as may be prescribed.