19

ACT IV OF 2020 ACT IV OF 2020 BALOCHISTAN TRUST ACT, 2020 An Act to make provisions relating to the proper management and administration of Trust in Balochistan Province [Gazette of Balochistan Extraordinary, 1st September, 2020] No. PAB/Legis; V(03)/2020, dated 1.9.2020.---The Balochistan Trust Bill, 2020 (Bill No. 03 of 2020), having been passed by the Provincial Assembly of Balochistan on 26th August, 2020 and assented to by the Governor, Balochistan on 31st August, 2020 is hereby published as an Act of the Balochistan Provincial Assembly. WHEREAS it is expedient to make provisions relating to the Trusts and to repeal the existing Trust Law; And WHEREAS, to cater for the Monitoring and evaluation purposes of the Trusts; And WHEREAS, it is expedient for the Balochistan Province to enact its own Trust Act for a better Administrative and Legislative control in wake of the 18th Constitutional Amendment; It is hereby enacted as follows: CHAPTER III OF THE ADMINISTRATION OF THE TRUSTS 19. Register of Trusts.---(1) The Director General, Balochistan Charities (Registration, Regulation and Facilitation Authority and the Director at the provincial level along with the Deputy Manager (Auqaf)at the District level shall maintain a register of the Trusts in such manner as prescribed by the Department. (2) The register shall contain information, including but not limited to the name and details of every Trust, its Purpose, Author, Trustee, Beneficiaries, any person exercising ultimate effective control over the trust and other information as required by the Department. (3) The details must also include, if any of the person associated with the Trust is living in Pakistan or outside Pakistan along with their residential addresses. (4) The Department shall explain the extent of the details of individuals as included in the subsections (1), (2) and (3) above to be made public in manner and circumstances prescribed.