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Funds

Act: Balochistan Kachhi Abadis Regularization and Development of Slum Structures Act 2018

Section Provisions

ACT VI OF 2018 ACT VI OF 2018 BALOCHISTAN KACHHI ABADIS REGULARIZATION AND DEVELOPMENT OF SLUM STRUCTURES ACT, 2018 An Act to make provisions for the regularization and development of the Kachhi Abadis and to provide facilities to such areas and slum structures [Gazette of Balochistan Extraordinary, 10th May, 2018] No. PAB/Legis;V(23)/2018/1150, dated 10.5.2018.---The Balochistan Kachhi Abadis Regularization Development of Slum Structures Bill, 2018 (Bill No.23 of 2018), having been passed by the Provincial Assembly of Balochistan on 30th April, 2018 and assented to by the Governor Balochistan, on 10th May, 2018 is hereby published as an Act of the Balochistan Provincial Assembly Preamble.---WHEREAS, it is expedient to make provisions for the regularization and development of the Kachhi Abadis and to provide facilities to such areas and slum structures. It is hereby enacted as follows.- 10. Funds.---(1) There shall be a separate fund known as "the Balochistan Kachhi Abadi Fund". (2) The fund shall consist of,- (a) Grants and subsidy received from the Government or Federal Government or any local authority; and (b) The directorate may, with the prior sanction of the Government and on such terms and conditions as may be approved by the Government obtain, Loans from banks or other sources like Donors for carrying out the purposes of this Act.