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Pakistan (Punjab) Legislation |
THE LAHORE
UNIVERSITY OF BIOLOGICAL AND APPLIED SCIENCES ACT 2023
(Act IV of 2023)
C O N T E N T S
Section Heading
1. Short Title and Commencement.
2. Definitions.
3. Establishment of the University.
4. Functions and Powers of the University.
5. University Open to All.
6. Jurisdiction.
7. Officers of the University.
8. Chancellor.
9. Inspection and inquiry.
10. Board of Governors.
11. Powers and Duties of the Board.
12. Business of the Board.
13. Delegation of Powers.
14. Vice Chancellor.
15. Registrar.
16. Controller of Examinations.
17. Treasurer.
18. Appointments.
19. Authorities of the University.
20. Academic Council.
21. Powers and Duties of Academic Council.
22. University Fund.
23. Budget, Audit and Accounts.
24. Statutes, Regulations and Rules.
25. Removal of Difficulties.
26. Indemnity.
27. First Statutes.
SCHEDULE
[1]THE LAHORE UNIVERSITY OF BIOLOGICAL AND APPLIED
SCIENCES ACT 2023
(ACT IV OF 2023)
[8th February 2023]
An Act to
provide for the establishment of the Lahore University of Biological and
Applied Sciences.
WHEREAS it is expedient to provide for the
establishment of the Lahore University of Biological and Applied Sciences in
the private
sector and to provide for matters connected therewith and ancillary
thereto;
Be it enacted by Provincial Assembly of the Punjab
as follows:
1.
Short Title and Commencement.- (1) This Act may be cited as the Lahore
University of Biological and Applied Sciences Act, 2023.
(2)
It shall come into force at once.
2.
Definitions.- In this Act:
(a)
"Academic Council" means the Academic Council
of the University;
(b)
"Act" means the Lahore University of Biological
and Applied Sciences Act 2023;
(c)
"Affiliated College" means a college duly
affiliated by the University;
(d)
"Authority" means any of the authorities of the
University;
(e)
"Board" means the Board of Governors of the
University;
(f)
"Chairperson" means the Chairperson of the
Board of Governors of the University;
(g)
"Chancellor" means Governor of the Punjab;
(h)
"College" means a constituent college or an
affiliated college;
(i)
"Commission" means the Higher Education
Commission established under the Higher Education Commission Ordinance 2002
(LIII of 2002);
(j)
"Company" means Lahore Medical and Dental
College Limited which shall be the sponsoring body of the University;
(k)
"Constituent College" means a college
maintained, administered and managed by the University;
(l)
"Controller of Examinations" means the
Controller of Examinations of the University;
(m)
"Dean" means the Head of a Faculty of the
University;
(n)
"Department" means a Teaching Department
maintained and administered or managed by the University in the prescribed
manner;
(o)
"Employee" means all individuals employed by
the University other than Teachers.
(p)
"Faculty" means an Administrative and Academic
Unit of the University consisting of one or more Departments or Colleges as may
be
prescribed;
(q)
"First Statutes" mean the Statutes provided in
the Act;
(r)
"Government" means Government of the Punjab;
(s)
"Head of Department" means the Head of a
Department;
(t)
"Institute" means an Institute maintained and
administered or managed by the University;
(u)
"Prescribed" means prescribed by the Board,
Rules, Statutes or Regulations;
(v)
"Principal" means Principal of a Constituent
College;
(w)
"Punjab Higher Education Commission" means
Punjab Higher Education Commission set up under the Punjab Higher Education
Commission
Act, 2014 (I of 2015);
(x)
"Registrar" means the Registrar of the
University;
(y)
"Registered Graduate" means a Graduate of the
University who has his/her name entered in the register maintained for the
purpose;
(z)
"Schedule" means the Schedule appended to the
Act;
(aa)
"Sponsoring Body" means the Company;
(bb)
"Statutes", "Regulations and "Rules" mean and
include respectively the First Statutes, Statutes, Regulations and Rules made
under
the Act;
(cc)
"Student" means a student of the University;
(dd)
"Sub-Campus" mean a Sub-Campus of the
University established in the Prescribed manner;
(ee)
"Teacher" includes a Professor, Associate
Professor, Assistant Professor or Lecturer engaged/employed by the University
and such other
persons as may be Prescribed;
(ff)
"Treasurer" means the Treasurer of the
University;
(gg)
"University" means the Lahore University of
Biological and Applied Sciences, constituted under the Act; and
(hh)
"Vice Chancellor" means the Vice Chancellor of
the University.
3.
Establishment of the University.- (1) The Government shall, by notification, in
the official gazette, establish the Lahore University of Biological and Applied
Sciences,
in the private sector, with its campus located at Lahore.
(2)
The University shall be a body corporate having
perpetual succession and a common seal with power to acquire, hold and dispose
of
property and shall, by the said name, sue and be sued.
4.
Functions and Powers of the University.- The University shall have the Powers to:
(a)
provide instructions and training in Applied Health
Sciences, Allied Health Sciences, Public Health Sciences, Social Sciences,
Pharmaceutical
Sciences, Biological Sciences, Medical & Dental Sciences,
Nursing, Sciences of Human Body and Mind and any other branches of
knowledge,
as may be Prescribed and, where applicable, subject to the prior approval of
the relevant statutory body of professional
education;
(b)
decide teaching methods and strategies
including virtual, on-campus, online, distance learning, etc. in a such manner
as maybe Prescribed
to ensure the most effective educational and training
programs;
(c)
provide for instruction, training, courses of
study and curriculum for the academic programs offered by the University and
their allied
branches of knowledge as may be Prescribed from time to time;
(d)
provide for research, demonstration and other
services, and for the advancement and dissemination of knowledge;
(e)
hold examinations and confer on, award or
withdraw degrees, honorary degrees, diplomas, certificates, prizes and other
academic distinctions
to persons who have passed its examinations;
(f)
establish, maintain, manage, regulate,
regularize and administer Authorities of the University, Faculties,
Departments, Colleges,
Hospitals, other educational and research facilities,
laboratories, organizations, bodies (including corporate bodies), trusts, and
such other facilities as maybe Prescribed from time to time;
(g)
start Sandwich Programs and Split Programs
between National and International Universities and to collaborate with other
educational
institutions in all academic matters;
(h)
accept an examination and period of study spent
by a student of the University at any other university or place of learning and
prescribe
conditions for such acceptance or withdrawal;
(i)
publish research papers and other documents and
get Intellectual Property Rights registered and protected under the relevant
laws
and to license them for consideration;
(j)
admit students as per prescribed criteria, fix
and demand fees and other charges from the students as maybe prescribed by the
Board
from time to time. To provide for financial assistance, scholarships and
awards for the deserving students;
(k)
affiliate other educational institutions,
establish Constituent Colleges and otherwise admit any educational institution
to the University's
privileges or withdraw such privileges and to determine and
demand such fees etc. as maybe prescribed for the said admission and/or
related
to the University's privileges;
(l)
engage, employ and appoint person(s) on such
posts/designations on such terms and conditions as maybe required for the
operations
of the University;
(m)
hold and dispose of property; enter into
agreements for property and equipment, including sale/purchase agreements,
lease agreements,
mortgages, finance agreements etc. in a manner as maybe
required for the operations and benefits of the University;
(n)
raise funds in all lawful manners like
donations, loans, collections etc. and to invest and manage the University Fund
and/or seek
loans and financial facilities in the manner as maybe Prescribed;
(o)
enter into all kinds of memorandums,
agreements, contracts and commercial arrangements with other institutions,
organizations, financial
institutions, persons and associated companies of the
Sponsoring Body; and
(p)
exercise any other power ancillary to the above
powers, University's status of a body corporate and such other functions as
maybe
Prescribed.
5.
University Open to All.- Subject to reasonable restrictions and
criteria as may be Prescribed, the University shall be open to all persons.
Admission to the
University or to the privileges of the University shall not be
denied merely on the basis of gender, religion, race, class or colour.
6.
Jurisdiction.- (1) The jurisdiction of the University shall
extend to Province of Punjab.
7.
Officers of the University.- The following shall be the Officers of the
University:
(a)
Vice Chancellor;
(b)
Directors;
(c)
Deans;
(d)
Heads of Institutions;
(e)
Heads of Departments;
(f)
Registrar;
(g)
Treasurer;
(h)
Controller of Examinations; and
(i)
Such other persons as may be Prescribed.
8.
Chancellor.- (1) The Chancellor of the University shall be
the Governor of the Punjab.
(2)
The Chancellor or his nominee shall preside at
a Convocation of the University.
9.
Inspection and inquiry.- (1) The Chancellor may direct inspection or
inquiry into the affairs of the University.
(2)
The Chancellor shall convey his views with
regard to the result of the inspection or inquiry to the Board and may, after
ascertaining
the views of the Board, recommend any remedial action to the
Board.
(3)
The Board shall, within the time specified by
the Chancellor, submit a report to the Chancellor about the action taken on the
recommendations
of the Chancellor.
(4)
If the Board fails to take action to the
satisfaction of the Chancellor within the specified time, the Chancellor may
issue such directions
as he thinks fit and the Board shall comply with the
directions.
(5)
The Chancellor may, on the recommendation of a
Committee constituted by him and comprising of a nominee of the Board, a
nominee of
Higher Education Department not below the rank of Additional
Secretary and a Professor Emeritus or Vice Chancellor of any university,
take
such action against the University as he may deem appropriate.
(6)
The Chancellor shall not take any action under
subsection (5), unless the Chairperson of the Board is afforded an opportunity
of hearing.
(7)
The Chancellor may set aside a decision or
action of the Board, which, in the considered opinion of the Chancellor, is
against the
objectives of the University or against the interest of academic
excellence, religious or cultural ideology or national integrity.
10.
Board of Governors.- (1) The Board of Governors of the University
shall consist of the following:-
(a)
Chairperson of the Board shall be the
chairperson of the Board of Directors of the Company or any other person
nominated by him;
(b)
Members of the Board of Directors of the
Company subject to a maximum number of ten Members;
(c)
Five persons including at least two women from
eminent medical practitioners, scholars, professionals, academicians or
prominent citizens
nominated by the chairperson of the Board of Directors of
the Company;
(d)
Chairperson, Higher Education Commission or his
nominee;
(e)
Chairperson, Punjab Higher Education Commission
or his nominee;
(f)
Vice Chancellor of a University nominated by
the chairperson of the Board of Directors of the Company;
(g)
Secretary to the Government of the Punjab,
Higher Education Department or his nominee not below the rank of an Additional
Secretary;
and
(h)
Such other persons as maybe nominated by the
Chairperson of the Board.
(2)
The quorum for a meeting of the Board shall be
one half of the total number of Board members, a fraction being counted as one.
(3)
The members of the Board, other than ex-officio
members, shall hold office for a term of four years and shall be eligible for
re-appointment
on the expiry of their term of office.
(4)
The respective appointing authority for the
members of the Board shall also have the power to remove the member so
appointed.
(5)
The Board shall take decision by majority of
the votes of members present.
(6)
All agreements, contracts and ancillary
documents of the University, involving financial terms and liabilities, shall
be executed
by the Chairperson of the Board (or his nominee), on behalf of the
University.
(7)
The Chairperson may fill a casual vacancy
occurring because of death, resignation or inability to perform duties as a
member of the
Board other than ex-officio member to the extent of the remainder
of the term, of the former member.
11.
Powers and Duties of the Board.- (1) The administration, management, regulation
of all matters and affairs of the University, including academic, financial and
administrative
matters, shall vest in the Board.
(2)
The Board shall oversee the Authorities, Bodies
and Committees of the University and shall have the powers to direct such
Authorities
etc. in any matter related to the affairs of the University. The
Board shall make, prescribe, approve, amend or repeal the Statutes
(including
the First Statutes), Regulations, Rules or Proceedings of the University and
such Statutes, Regulations, Rules etc. shall
not become invalid merely by the
reason of any vacancy or defect in the constitution of the Board.
12.
Business of the Board.- The Meetings and Business, including voting
procedures, of the Board shall be conducted in such manner and in accordance
with such
procedure as may be Prescribed.
13.
Delegation of Powers.- The Board may delegate any of its powers or
functions to any person, committee or sub-committee.
14.
Vice Chancellor.- (1) The Vice Chancellor of the University
shall be appointed and removed by the Board, on such terms and conditions as
the Board
may determine.
(2)
The Vice Chancellor shall possess such academic
qualifications and experience as maybe Prescribed.
(3)
The Vice Chancellor shall perform such
functions as are provided in the Act or as maybe Prescribed.
(4)
If the office of the Vice Chancellor is vacant
or the Vice Chancellor is absent or is unable to perform the functions of the
Vice
Chancellor, the Board will nominate the substitute. In case of permanent
vacancy, the Board shall appoint a person as Vice Chancellor.
15.
Registrar.- (1) The Registrar shall be appointed by the
Board on such terms and conditions as it may determine.
(2)
The Registrar shall perform such functions as
maybe determined by the Vice Chancellor and/or Prescribed from time to time.
16.
Controller of Examinations. - (1) The Controller of Examinations shall be
a full-time officer of the University and shall be appointed by the Board on
such
terms and conditions as it may determine.
(2)
The Controller of Examinations shall be
responsible for all matters connected with the examinations of the University
and shall perform
such other duties as may be assigned by the Vice Chancellor
and/or Prescribed by the Board.
17.
Treasurer.- (1) The Treasurer shall be a full-time officer
of the University and shall be appointed by the Board on such terms and
conditions
as it may determine.
(2)
The Chairperson of the Board shall directly
monitor and control the functions relating to the financial matters of the
University
through the Treasurer.
(3)
The Treasurer shall :
(i)
Manage the University finances, Fund,
investments and all matters related thereto;
(ii)
Prepare the annual and revised budget estimates
of the University and present them to the Board;
(iii)
Ensure that the funds of the University are
expended for the purposes for which they are provided; and
(iv)
Perform such other duties as maybe assigned by
the Chairperson of the Board and/or Prescribed from time to time.
18.
Appointments.- The University may appoint the requisite
number of persons in its service on such terms and conditions as maybe
Prescribed.
19.
Authorities of the University.- (1) The following shall be the Authorities of
the University:
a.
Board of Governors;
b.
Academic Council;
c.
Boards of Faculties;
d.
Board of Advanced Studies and Research;
e.
Selection Board;
f.
Budget and Planning Committee; and
g.
Any other Authority or Committee as may be
Prescribed.
(2)
The Board may constitute committees consisting
of the members of the Board or Teachers or Officers of the University or a
combination
of all or any of such persons.
20.
Academic Council.- (1) The Academic Council shall consist of:
a.
Vice Chancellor (Chairperson);
b.
Registrar (Secretary);
c.
Deans;
d.
Principals of the Constituent Colleges;
e.
Head of Departments / Directors; and
f.
Controller of Examinations.
(2)
The Quorum for a meeting of the Academic
Council shall be one-half of the total number of members of the Academic
Council.
21.
Powers and Duties of Academic Council.- (1) The Academic Council shall be the academic
body of the University which shall recommend academic standards, modes of
instruction,
research, publication and examination to the Board. The Academic
Council shall, subject to approval of the Board, regulate and promote
the
academic life of the University.
(2)
Without prejudice to the generality of the
foregoing powers and subject to the provisions of this Act, Statutes,
Regulations, Rules
etc. the Academic Council may:
(a)
Advise the Board on all academic matters;
(b)
Regulate the conduct of teaching, research and
examinations;
(c)
Propose for each academic session, on the
recommendations of the Boards of Studies, Board of Faculties regulations
prescribing the
courses of studies, syllabi, curriculum and the outlines of
tests for all examinations;
(d)
Regulate the admission of students to the
courses of studies and examinations in the University;
(e)
Recommend to the Board, teaching examination
systems including not limited to semester or annual system;
(f)
Regulate the conduct and discipline of the
students and prescribe punishment or fines on misconduct;
(g)
Propose to the Board, schemes for the
constitution, operation and organization of the Faculties, Teaching
Departments, Constituent
Colleges, Affiliated Colleges, Sub-Campuses and
Institutes;
(h)
Formulate Proposals for Planning and
Development of Teaching and Research in the University;
(i)
Recommend the Regulations to the Board
prescribing the Courses of Studies, the Syllabi and the Outlines of Tests for
the University
Examinations;
(j)
Regulate the award of studentships,
scholarships, exhibitions, medals and prizes;
(k)
Recommend Regulations to the Board for
approval; appoint or nominate members to various Authorities in accordance with
the provisions
of this Act; and
(l)
Perform such other functions as may be
prescribed and determined by the Board and/or Vice Chancellor in accordance
with the provisions
of this Act.
22.
University Fund.- (1) There shall be a fund to be known as
Lahore University of Biological and Applied Sciences Fund which shall vest in
the University.
(2)
The University may accept donations in the form
of cash, property, vehicles, equipment, any other item or financial instrument
that
may facilitate the functioning of the University and all such donations
shall be used, invested, maintained and disposed of by the
University in the
manner as maybe Prescribed.
23.
Budget, Audit and Accounts.- The budget of the University shall be approved
and its accounts shall be maintained and audited in such manner as may be
Prescribed.
24.
Statutes, Regulations and Rules.- The Board may approve, repeal or amend the
First Statutes, Statutes, Regulations, Rules or Policies as maybe required to regulate,
manage, regularize and administer any matter relating to the affairs of the
University.
25.
Removal of Difficulties.- (1) If any question arises as to the
interpretation of any of the provision of this Act, it shall be placed before
the Chairperson
whose decision thereon shall be final.
(2)
If any difficulty arises in giving effect to
any of the provisions of this Act, the Chairperson may make such order after
obtaining
views of the Board; not inconsistent with the provisions of this Act,
as may appear to him to be necessary for removing the difficulty.
(3)
Where this Act makes any provision for anything
to be done but no provision or no sufficient provisions has been made in
respect of
the authority or the time at which it shall be done, then it shall
be done by such authority, at such time, or in such manner as
the Chairperson
may direct after obtaining the views of the Board.
26.
Indemnity. - No suit or legal proceedings shall lie
against the University, any of its Authority, or Officer of the University in
respect of
anything which is done in good faith under the Act.
27.
First Statutes. - Notwithstanding anything to the contrary
contained in the Act, the Statutes set out in the Schedule shall be deemed to
be the
Statutes made under the provisions of this Act, including Section 24,
and shall continue to remain in force until amended or repealed
in accordance
with the provisions of the Act.
SCHEDULE
THE FIRST STATUTES
1.
Faculties: The
University shall include the following Faculties:-
(a)
Faculty of Applied Health Sciences;
(b)
Faculty of Allied Health Sciences;
(c)
Faculty of Public Health Sciences;
(d)
Faculty of Social Sciences;
(e)
Faculty of Pharmaceutical Sciences;
(f)
Faculty of Biological Sciences;
(g)
Faculty of Medical & Dental Sciences;
(h)
Faculty of Nursing;
(i)
Faculty of Sciences of Human Body and Mind;
(j)
Faculty of Basic and Applied Sciences; and
(k)
Such other Faculties as maybe approved by the
Board.
2.
Board of Faculty: (1) The Board of Faculty shall consist of:
(a)
Dean of the Faculty (Chairperson);
(b)
Professors and Heads of Departments;
(c)
Two Teachers, to be nominated by the Academic
Council owing to their specialized knowledge of the subjects which, though not
assigned
to the Faculty, have in the opinion of the Academic Council, important
bearing on the subjects assigned to the Faculty;
(d)
Two experts, in the field from outside the
University to be appointed by the Board;
(e)
One member to be nominated by the Vice
Chancellor; and
(f)
Director Quality Enhancement Cell (QEC).
(2)
The members other than Ex-Officio Members of a
Board of Faculty hold office for a period of three years.
(3)
The Quorum for a meeting of a Board of Faculty
shall be one half of the total number of the members.
(4)
A Board of Faculty, subject to the general
control of the Academic Council and the Board as may be Prescribed:
(a)
Co-ordinate the teaching and research work in
the subjects assigned to the Faculty Members;
(b)
Scrutinize the recommendations of a Board of
Studies with regard to the appointment of paper-setters and examiners for
graduate and
postgraduate examinations and to forward the panels of suitable
paper-setters and examiners for each examination to the Vice Chancellor;
(c)
Consider any other academic matter relating to
the Faculty and to submit its report to the Academic Council;
(d)
Prepare a comprehensive annual report regarding
the performance of each Department, Faculty, Constituent College, Affiliated
College,
Sub-Campus or Institute for presentation to the Academic Council; and
(e)
Perform such other functions as may be
prescribed by the Board, Statutes, Regulations and Rules.
(5)
The Dean of the Faculty shall be the
Chairperson and convener of the Board of Faculty.
(6)
The Dean shall be appointed by the Board of Governors
on such terms as it may determine on the recommendations of the Vice Chancellor
from amongst the Professors of the Faculty.
(7)
The Dean shall present candidates, for
admission to a Degree, except an Honorary Degree.
(8)
The Dean shall have such powers and duties as
may be prescribed by the Board on the recommendations of the Vice Chancellor.
3.
Academic Departments, Institutes and
Constituent Colleges.- (1)
There shall be such Academic Departments, Constituent Colleges, Affiliated
Colleges, Sub-Campuses or an Institute as may be
Prescribed and each Academic
Department, Constituent College etc. shall be headed by such persons as may be
Prescribed.
(2)
The Board shall, on the recommendations of the
Vice Chancellor, appoint the Head of Department and other heads of the
Constituent
Colleges etc. on the terms and conditions as maybe determined by
the Board.
(3)
The Heads of the Department, Constituent
Colleges shall plan, organize and supervise the work of their respective
Departments, Colleges
etc. and shall be responsible to the respective Dean.
(4)
The Heads of Departments shall, under the
general supervision of the Vice Chancellor and the respective Deans, exercise
all the administrative
and academic powers and such other duties or powers as
may be assigned to them.
(5)
The Heads of the Departments and other Heads
shall prepare such reports as maybe prescribed regarding the performance of
their respective
Departments, Colleges etc. and submit these reports to the
respective Dean.
4.
Board of Advanced Studies and Research.- (1) The Board of Advanced Studies and
Research will consist of:
(a)
Vice Chancellor (Chairperson);
(b)
All Deans / All HoD's;
(c)
Controller of Examinations;
(d)
One University Professor from each Faculty,
other than the Dean, to be appointed by the Vice Chancellor;
(e)
Three Members, including at least one woman,
from the relevant field, research organizations, to be nominated by the Vice
Chancellor;
and
(f)
The Registrar (Secretary).
(2)
The Quorum for a meeting of the Board of
Advanced Studies and Research shall be one-half of the total number of its
members.
5.
Functions of the Board of Advanced Studies and
Research.- The Board of Advanced Studies and Research
will:
(a)
Advise an Authority on all matters restated to
the promotion of advanced studies and research publication in the University;
(b)
Consider and report to an Authority with regard
to a research degree of the University;
(c)
Propose regulations regarding the award of a research
degree;
(d)
Appoint supervisors for postgraduate research
students and to approve title and synopses of a thesis or dissertation;
(e)
Recommend panels of names of examiners for
evaluation of a research examination; and
(f)
Perform such other functions as may be
prescribed by the Board.
6.
Selection Board.- (1) The Selection Board will consist of:
(a)
Vice Chancellor (Chairperson);
(b)
Dean of the Faculty Concerned;
(c)
Head of the Department Concerned;
(d)
Two Members of the Board to be nominated by the
Chairperson of the Board of Governors;
(e)
One Eminent Scholar to be nominated by the
Board of Governors;
(f)
Director QEC; and
(g)
Registrar (Secretary of the Selection Board).
(2)
Four members of the Selection Board shall
constitute the quorum for a meeting of the Selection Board.
(3)
No member who is a candidate or whose family
member is a candidate, for a post to which appointment is to be made, shall
take part
in proceedings of the Selection Board for selection of a candidate on
such post.
(4)
In selection of candidates for the post of
Professor or Associate; Professor, the Selection Board may co-opt or consult
experts in
the subject, approved by the Board.
(5)
The Board may revise the standing list of
experts of a subject on the recommendations of the Selection Board.
7.
Functions of the Selection Board.- (1) The
Selection Board will:
(a)
Consider the applications
and recommend to the Board of Governors, the names of suitable candidates for
appointment as the Officers,
Teachers and other such employees, as maybe
Prescribed, of the University;
(b)
Consider all cases of promotion or selection of
Officers, Teachers etc. of the University and recommend the suitable
candidates.
(c)
Perform such other functions as maybe
Prescribed.
(2)
The Selection Board shall be the appointing
authority for all such Officers, Teachers and employees of the University whose
appointment
procedure has not been provided in the Act.
8.
Budget and Planning Committee.- (1) The Budget and Planning Committee will
consist of:
(a)
Vice Chancellor (Chairperson);
(b)
All Deans/Head of the Institutes;
(c)
Treasurer;
(d)
Two Members of the Board to be nominated by the
Board;
(e)
Registrar (Secretary); and
(f)
One Nominee of the Company.
(2)
Four Members of the Budget and Planning
Committee shall constitute the quorum for a meeting of the Budget and Planning
Committee.
9.
Functions of the Budget and Planning Committee.- (1) Propose and recommend annual
development plans and budget estimates to the Board.
(2) Such
other functions as maybe determined by the Board of Governors.
[1]This Act was passed by Provincial Assembly
of the Punjab on 11 January 2023; assented to by the Governor of the Punjab on 23
January
2023; and was published in the Punjab Gazette (Extraordinary), dated 08
February 2023, Pages: 3811-20.
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