20
Funds of the Authority
Act: Baluchistan Irrigation and Drainage Authority Act 1997
Section Provisions
BALOCHISTAN IRRIGATION AND DRAINAGE AUTHORITY ACT, 1997 BALOCHISTAN IRRIGATION AND DRAINAGE AUTHORITY ACT, 1997 An Act to provide for streamlining the Irrigation and drainage system in the Province of Balochistan [Gazette of Balochistan, Extraordinary, 19th July, 1997] No.PAB/Legis.V(3)/97, dated 19‑7‑1997.‑‑The Balochistan Irrigation and Drainage Authority Bill, 1997 having been passed by the‑ Provincial Assembly on 7th July, 1997 and assented to by the Governor of Balochistan, is hereby published as an Act of the Provincial Assembly. CHAPTER V FINANCE 20. Funds of the Authority.‑‑(1) There shall be a fund to be known as the Funds of the Authority vested in the Authority. (2) The Funds of the Authority shall consist of‑‑ (a) all sums received by the Authority in respect of water charges, sale proceeds, development cess, drainage cess, etc.; (b) grants made by the Government; (c) loans obtained from the Government; (d) grants made by Local Bodies as required by the Government. (e) sale proceeds of bonds or any other debt instruments issued under the Authority of the Government; (f) loans obtained by the Authority with the special or general sanction of the Government; (g) foreign assistance and loan obtained from different foreign agencies with the sanction of, and on such terms and conditions as may be approved by the Federal and Provincial Governments; (h) all other sums received by the Authority