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26

Pension and Provident Fund

Act: Balochistan Boards of Intermediate and Secondary Education Act 2019

Section Provisions

ACT X OF 2019 ACT X OF 2019 BALOCHISTAN BOARDS OF INTERMEDIATE AND SECONDARY EDUCATION ACT, 2019 An Act to provide for re-constituting and establishing of the Boards of Intermediate and Secondary Education in Balochistan and the matters ancillary thereto or connected therewith [Gazette of Balochistan Extraordinary, 25th October, 2019] No. PAB/Legis; V (07)/2019, dated 25.10.2019.---The Balochistan Boards of Intermediate and Secondary Education Bill No. 07 of 2019 having been passed by the Provincial Assembly of Balochistan on 12th October, 2019 and assented to by the Governor Balochistan, on 24th October, 2019 is hereby published as an Act of the Balochitsan Provincial Assembly. Preamble.---WHEREAS, it is expedient to re-constitute, recognize and establish Boards of Intermediate and Secondary Education in Balochistan and to provide for the matters ancillary thereto or connected therewith: It is hereby enacted as follows:- 26. Pension and Provident Fund.---(1) The Board shall establish for the benefit of its employees such pension or provident fund or both, as may deem fit, in such manner and subject to such conditions as may be prescribed by regulations. (2) The Government may, by notification in the official Gazette, declare that the provisions of the Provident Fund Act, 1925 (Act XI of 1925), shall apply to a provident fund established by the Board and on the making of such declaration that the Act shall apply as if such Board were Government and the said fund were the Government provident fund.