19
Rates and fees
Act: Balochistan Housing and Town Planning Authority Act 2020
Section Provisions
ACT II OF 2020 ACT II OF 2020 BALOCHISTAN HOUSING AND TOWN PLANNING AUTHORITY ACT, 2020 An Act to provide for the establishment of Housing and Town Planning Authority in the Province of Balochistan [Gazette of Balochistan Extraordinary, 10th September, 2020] No. PAB / Legis; V(18) / 2019, dated 10.9.2020.---The Balochistan Housing And Town Planning Authority Bill, 2019 (Bill No.18 of 2019), having been passed by the Provincial Assembly of Balochistan on 10th August, 2020 and assented to by the Governor, Balochistan on 10th September, 2020 is hereby published as an Act of the Balochistan Provincial Assembly. Preamble.---WHEREAS, it is expedient to establish an authority for Housing and Town Planning in order to provide shelter to the shelter less and to establish a comprehensive system of town planning at regional, district, tehsil or union council level, as such to ensure systematic, integrated growth of urban and rural areas in the Province of Balochistan and to make provisions for matters connected therewith and ancillary thereto: It is hereby enacted as follows:- CHAPTER-VII HOUSING AND TOWN PLANNING FUND. 19. Rates and fees.---(1) With the prior approval of the Government adequate funds may be raised by the Authority from time to time, to meet the cost of its schemes by imposing rates, fees and other charges. (2) The rates, fees and other charges shall be such as to provide sufficient revenues-- (a) to cover the operating expenses including taxes if any, an interest to provide adequate maintenance and depreciation; (b) to meet repayments on long term indebtedness to the extent that such repayments exceed the provision of depreciation; and (c) to finance the normal year to year extension of any of such schemes and to provide a reasonable portion of the cost of future major expansion of such schemes.