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8

Function and powers of the Board

Act: Balochistan Government Employees Benevolent Fund Act 2018

Section Provisions

ACT XV OF 2018 ACT XV OF 2018 BALOCHISTAN GOVERNMENT EMPLOYEES BENEVOLENT FUND ACT, 2018 An Act to provide for the establishment of a Board for the common benefit of the provincial employees of Government of Balochistan; and to a mechanism provide for their Benevolent Fund and the matters connected therewith or ancillary thereto [Gazette of Balochistan Extraordinary, 20th November, 2018] No. PAB/Legis: II(32)/2018, dated 20.11.2018.---The Balochistan Government Employees Benevolent Fund Bill, 2018 Bill No.32 of 2018, having been passed by the Provincial Assembly of Balochistan on 03rd November, 2018 and assented to by the Governor Balochistan, on 19th November, 2018 is hereby published as an Act of the Balochistan Provincial Assembly. Preamble.---WHEREAS, it is expedient to provide for establishment of the Balochistan Government Employees Benevolent Fund to regulate the Benevolent Fund of the Provincial employees of the Government of Balochistan and to promote and protect their legitimate interests in the same; and to provide for their benevolent fund and the benefits attached therewith: It is hereby enacted as follows:- 8. Function and powers of the Board.---The Board shall have the following powers:- (a) to settle claims for Lump Sum Payment under this Act and all matters connected with such claims; (b) to sanction grant from the Benevolent Fund to the employees or their families in accordance with the provisions of this Act and the rules made thereunder; (c) to do or cause to be done all acts and things necessary for the proper administration and management of the moneys or properties in the Benevolent Fund; (d) to sanction expenditure connected with the administration and management of the Benevolent Fund; (e) to make arrangement for the Lump Sum Payment to the employees to give effect to the provisions of this Act; (f) to invest moneys held in the Benevolent Fund in profitable ventures; (g) to appoint or employ such persons as it considers necessary for the efficient performance of its operations on such terms and conditions as may be prescribed by the rules; and (h) to do or cause to be done all things ancillary or incidental to any of the aforesaid powers or to the purposes of the Benevolent Fund.