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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:- 10. Provincial Employees Benevolent Fund.---(1) There shall be established a fund to be called "the Balochistan Government Employees Benevolent Fund", which shall vest in and be held and administered by the Board. (2) All Benevolent Fund contributions received from the employees and any interest or profit accruing thereon shall be credited to the Benevolent Fund. (3) The moneys credited to the Benevolent Fund shall be kept in such banks/financial institutions as the Board may decide. (4) All payments made under section 10, the expenses on any arrangement entered into by the Board and all expenses on the administration of the Benevolent Fund, shall be defrayed from the Benevolent Fund. (5) Any sums remaining in the Benevolent Fund after defraying the expenses referred to in subsection (4) may be utilized for such purposes connected with the benefit of the employee and their families as the Board may direct.