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21

Chief Administrator to maintain accounts

Act: Balochistan Waqf Properties Act 2020

Section Provisions

ACT III OF 2020 ACT III OF 2020 BALOCHISTAN WAQF PROPERTIES ACT, 2020 An Act to make provisions and to repeal be existing Waqf Properties Ordinance, 1979 [Gazette of Balochistan Extraordinary, 1st September, 2020] No. PAB/Legis;V(02)/2020, dated 1.9.2020.---The Balochistan Waqf Properties Bill, 2020 (Bill No. 02 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 to cater for the monitoring an evaluation purposes of the Waqf and to make provisions relating to the proper management and administration of Waqf Properties in Balochistan Province. AND WHEREAS it is expedient to make provisions relating to proper management and administration of waqf properties in the Balochistan or matters incidental thereto; 21. Chief Administrator to maintain accounts.---(1) The Chief Administrator shall maintain a complete record of all properties under his control and management, and shall keep accounts of income and expenditure of such properties including expenditure on the Chief Administrator and his establishment, in such manner as may be prescribed. (2) All moneys received or realized by the Chief Administrator in respect of properties under his control and management shall form and be credited to a fund to be called Auqaf Fund which shall be under the control of and operated upon by the Chief Administrator subject to general supervision of Government, and shall be kept in such custody as may be prescribed. (3) At the end of each financial year the accounts maintained by the Chief Administrator shall be audited by such authority as may be prescribed and the Audit Report with the comments of the Chief Administrator shall be laid before Government.