Punjab Health Foundation Act, 1992

From: 1992-11-10 - To: 0000-00-00 An Act to provide for the establishment of the Punjab Health Foundation. Preamble.– Whereas it is expedient to provide for the establishment of the Punjab Health Foundation to promote and finance the development of the health sector in the Province of the Punjab and matters incidental and supplemental thereto. It is hereby enacted as follows:- 1. Short title, extent and commencement.– (1) This Act may be called the Punjab Health Foundation Act, 1992. (2) It extends to the whole of the Province of the Punjab. (3) It shall come into force at once. 2. Establishment of the Foundation.– (1) The Government may, by notification, establish a Foundation to be known as the “Punjab Health Foundation”. (2) The Foundation shall be a body corporate having perpetual succession and a common seal with power to acquire, hold and dispose of property, both movable and immovable, and shall by the said name sue and be sued. (3) The Head Office of the Foundation shall be at Lahore. 3. Board of Directors.– (1) There shall be a Board of Directors of the Foundation consisting of such number of official and non-official members, [2][with at least thirty-three percent female members from amongst the non-official members,] including the Chairman, as may be appointed by the Government. (2) A Director other than an ex-officio Director shall hold office for a period of three years but he may be reappointed as such for a period not exceeding two years at a time. (3) The Government may remove a Director on the ground of inefficiency, unsuitability or misconduct after giving him an opportunity of being heard. [3][(4) Notwithstanding anything contained in sub-sections (2) and (3) the Government may, at any time, reconstitute the Board of Directors]. 4. Management.– (1) The administration and management of the Foundation and its affairs shall vest in the Board of Directors which may exercise the powers exercisable, and do all acts and things that may be done by the Foundation. (2) The affairs of the Foundation shall be conducted subject to the supervision and control of the Government. 5. Managing Director.– (1) The Government shall appoint a Managing Director of…