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21

Fund

Act: Balochistan Assessment and Examination Commission Act 2018

Section Provisions

ACT VIII OF 2018 ACT VIII OF 2018 BALOCHISTAN ASSESSMENT AND EXAMINATION COMMISSION ACT, 2018 An Act to provide for constitution and establishment of a Commission for improvement of educational assessment and examination system at school level [Gazette of Balochistan Extraordinary, 13th June, 2018] No. PAB/Legis:V(14)/2018/1330, dated 13.6.2018.---The Balochistan Assessment and Examination Commission Bill 2018 (Bill No.14 of 2018), having been passed by the Provincial Assembly of Balochistan on 30th May, 2018 and assented to by the Governor Balochistan, on 13th June, 2018 is hereby published as an Act of the Balochistan Provincial Assembly. Preamble.---WHEREAS it is expedient to provide for constitution and establishment of a Commission for the improvement of educational assessment and examination system, conduct examinations in all public and private educational institutions at school level and conduct periodic, diagnostic assessment of learning outcomes with the objective to improve the teaching and learning process to met the requisite standards and bring it in line with the needs of the official curriculum, and for the matters connected therewith or incidental thereto; It is hereby enacted as follows: 21. Fund.---(1) There shall be a Fund of the Commission to be known as the Balochistan Assessment and Examination Commission Fund. (2) The Fund shall consist of,- (a) any contribution or grants made by the Federal Government, Provincial Government or a local government; (b) income, including income from fees, investments, bank-deposits, profits, donations, trust, bequests, endowments, grants and contributions from organizations or agency whether national or international or from any other source. (c) sale proceeds of the property of the Commission, which must be decided by Commission in accordance with the finance rules; and (3) The Fund shall be kept in such custody, and shall be regulated and utilized in accordance with prevailing Government financial rules.