13
Joint Board Fund
Act: Abbottabad Joint Development Board Ordinance 1962
Section Provisions
THE ABBOTTABAD JOINT DEVELOPMENT BOARD ORDINANCE, 1962 THE ABBOTTABAD JOINT DEVELOPMENT BOARD ORDINANCE, 1962 ORDINANCE No. LXXI of 1962 [7th June, 1962] An Ordinance to establish a Joint Development Board for Abbottabad. 13. Joint Board Fund. (1) There shall be established a fund to be known as the Joint Board Fund, which shall vest in the Joint Board and shall be utilized by it to meet charges in connection with its functions under this Ordinance, including payment of salaries and other remuneration to the officers, servants, experts and consultants. (2) The Joint Board Fund shall be formed by contributions from the local bodies in proportion to the areas within their jurisdiction, and by such grants as the Central and Provincial Governments may make to it from time to time: Provided that the initial contribution of the two local bodies shall be fixed by the Central Government in consultation with the Provincial Government.