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ORDINANCE XV of 2007 ORDINANCE XV of 2007 BALOCHISTAN PENSION FUND MANAGEMENT AUTHORITY ORDINANCE, 2007 An Ordinance to provide for establishment of an authority for management of Fund and to generate revenue for discharge of the pension liabilities of the Government; [Gazette of Balochistan, Extraordinary, 18th September, 2007] No.Legis:4-105/Law/85, dated 18-9-2007.---The following Ordinance made by the Governor of Balochistan on 15th September, 2007, is hereby published for general information: Whereas it is expedient to establish an authority for management of a Pension Fund for the common benefit of the employees of the Provincial Government to provide for their Pension and provide for matters connected therewith on indicate thereto; And whereas the Provincial Assembly is not in session, the Governor is satisfied that circumstances exist which render it necessary to take immediate Ordinance: Now, therefore in exercise of powers conferred by clause (1) of Article 128 of the Constitution of Islamic Republic of Pakistan, the Governor of Balochistan is pleased to make and promulgate the following Ordinance:-- It is hereby enacted as follows:-- Preamble.--Whereas it is expedient to establish a Fund for management of the pension liabilities of the Government and to make provisions for matters ancillary thereto; It is hereby enacted as follows:-- CHAPTER-I PRELIMINARY 2. Definitions.--In this Ordinance unless there is anything repugnant in the subject or context: (a) "Authority" means the Balochistan Pension Fund Management Authority; (b) "Chairman" means the Chairman of the Management Board; (c) "Fund" means the Balochistan Pension Fund; (d) "Fund Manager" means the Fund Manager appointed under section 7; (e) "Government" means the Government of the Balochistan; (f) "Board" means the Balochistan Pension Fund Management Board; (g) "Member" means the Member of the Managemet Board; (h) "Prescribed" means prescribed by the rules made under this Ordinance; (i) "Province" means the Province of the Balochistan; (j) "Regulations" means the regulations framed under this Ordinance; (k) "Reserve Fund" means the Reserve Pension Fund created under section 5 of this Ordinance; (l) "Rules" means the rules made under this Ordinance; and (m) "Committee" means a committee constituted under clause (f) section 8.