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ACT I OF 2018 ACT I OF 2018 APPRENTICESHIP ACT, 2018 An Act to make provisions for promoting, developing and regulating systematic apprenticeship programmes in the establishments for securing certain minimum standards of skill [Gazette of Pakistan Extraordinary, Part I, 4th January, 2018] No. F. 9(25)/2017-Legis, dated 2-1-2018.---The following Act of Majlis-e-Shoora (Parliament) received the assent of the President on 29th December, 2017 and is hereby published for general information:- WHEREAS it is expedient to make provisions for promoting, developing and regulating systematic apprenticeship programmes in the establishments and for securing certain minimum standards of skill and for matters connected therewith or incidental thereto; 6. Apprenticeship fund.---(1) The authority may establish a fund to be called the apprenticeship fund for carrying out its functions. The apprenticeship fund may also be used for- (a) promotion of apprenticeship training; (b) reimbursement of partial cost of training not exceeding fifty percent to employers as may be prescribed; and (c) welfare schemes for apprentices. (2) The Federal Government shall provide funds and annual grants, for the purposes of this Act, to the authority which shall be deposited in the apprenticeship fund. (3) All receipts of the authority relating to this Act in any form whatsoever including the fees etc., deposited under this Act shall be credited to the apprenticeship fund. (4) The mechanism for operation of the apprenticeship fund shall be prescribed by the authority on the advice of apprenticeship committee with prior approval of the Federal Government.