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  "title": "NEXT INSTITUTE OF SCIENCE AND TECHNOLOGY ACT 2025",
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  "text": "THE NEXT INSTITUTE OF SCIENCE AND TECHNOLOGY \r\nACT 2025 \r\n(XXX of 2025) \r\nCONTENTS \r\n1. Short title and commencement \r\n2. Definitions \r\n3. Reconstitution of the Institute \r\n4. Functions and powers of the Institute \r\n5. Institute open to all \r\n6. Jurisdiction \r\n7. Officers of the Institute \r\n8. Patron \r\n9. Inspection and inquiry \r\n10. Rector \r\n11. Powers of the Rector \r\n12. Acting Rector \r\n13. Registrar \r\n14. Controller of Examinations \r\n15. Treasurer \r\n16. Appointments \r\n17. Authorities of the Institute \r\n18. Board of Governors \r\n19. Powers and duties of the Board \r\n20. Business of the Board \r\n21. Delegation of powers \r\n22. Academic Council \r\n23. Powers and duties of Academic Council \r\n24. Fund of the Institute \r\n25. Budget, audit and accounts \r\n2 \r\n \r\n26. Rules \r\n27. Statutes \r\n28. First Statutes \r\n29. Regulations \r\n30. Removal of difficulties \r\n31. Savings \r\nSCHEDULE \r\n  \r\n3 \r\n \r\nTEXT \r\n1\r\nTHE NEXT INSTITUTE OF SCIENCE AND TECHNOLOGY ACT 2025 \r\n(XXX of 2025) \r\n[2nd May, 2025] \r\nAn \r\nAct \r\nto provide for the reconstitution of the Next Institute of Science and Technology. \r\nIt is necessary to provide for the reconstitution of t he Next Institute of Science and \r\nTechnology in the private sector, and to provide for the ancillary matters. \r\nBe it enacted by Provincial Assembly of the Punjab as follows: \r\n1. Short title and commencement.– (1) This Act may be cited as the Next \r\nInstitute of Science and Technology Act 2025. \r\n(2) This Act shall come into force at once. \r\n2. Definitions.– In this Act: \r\n(a) “Academic Council” means the Academic Council of the Institute; \r\n(b) “Act” means the Next Institute of Science and Technology Act 2025; \r\n(c) “Authority” means an Authority of the Institute specified in section 17 of \r\nthis Act; \r\n(d) “Board” means the Board of Governors of the Institute; \r\n(e) “Chairperson” means the Chairperson of the Board of Governors of the \r\nInstitute; \r\n(f) “Director” means the Director of the Institute; \r\n(g) “Commission” means the Higher Education Commission established \r\nunder the Higher Education Commission Ordinance 2002 (LIII of 2002); \r\n(h) “Constituent College” means  a college maintained and administered by \r\nthe Institute; \r\n(i) “Controller” means the Controller of Examinations of the Institute; \r\n(j) “Dean” means head of a Faculty of the Institute; \r\n(k) “Department” means a teaching department maintained and \r\nadministered by the Institute in the prescribed manner; \r\n(l) “Center” means a teaching or learning center maintained and \r\nadministered by the Institute in the prescribed manner; \r\n(m) “Faculty” means an administrative and academic unit of the Institute \r\nconsisting of one or more departments or centers or constituent colleges \r\nas may be prescribed; \r\n(n) “Company” means Higher Learning Educational Services (Private) \r\nLimited registered/incorporated under the Companies Act (XIX of 2017);  \r\n(o) “Government” means Government of the Punjab; \r\n                                                           \r\n1This Act was passed by Provincial Assembly of the Punjab on 22 April 2025; and was assented to by Governor of the Punjab on \r\n02 May 2025; and was published in the Punjab Gazette (Extraordinary), dated: 02 May 2025, pp. 4306-4316. \r\n4 \r\n \r\n(p) “Head of Department” means the head of a department/center or most \r\nsenior person eligible to chair the meeting; \r\n(q) “Punjab Higher Education Commission” means Punjab Higher Education \r\nCommission set up under the Punjab Higher Education Commission Act \r\n2014 (I of 2015); \r\n(r)  “Institute” means t he Next Institute of Science and Technology \r\nestablished under this Act; \r\n(s) “Patron” means Governor of the Punjab; \r\n(t) “prescribed” means prescribed by the rules, statutes or regulations made \r\nunder this Act; \r\n(u) “Rector” means the Rector of the Institute; \r\n(v) “Registrar” means the Registrar of the Institute; \r\n(w) “Schedule” means the Schedule appended to this Act; \r\n(x) “Search Committee” means the Search Committee constituted by the \r\nBoard to make recommendations for the appointment of the Rector; \r\n(y) “Teacher” includes a Professor, Associate Professor, Assistant \r\nProfessor or Lecturer engaged whole time by the Institute and such \r\nother persons as may be prescribed;  \r\n(z) “Treasurer” means the Treasurer of the Institute. \r\n(aa) “Principal” means a Principal of constituent college; and \r\n(ab) “Statutes”, “Regulations” and “Rules” mean respectively the statutes, \r\nregulations and rules made under the Act. \r\n3. Reconstitution of the Institute. – (1) The Government shall, by notif ication in \r\nthe official Gazette, reconstitute the Next Institute of Science and Technology in the \r\nprivate sector with its main campus located at Multan. \r\n(2) The Institute shall be a body corporate having perpetual succession and \r\na common seal with power to  acquire, hold and dispose of property and shall, by the \r\nsaid name, sue and be sued. \r\n(3) The Institute shall consist of the following: \r\n(a) Patron; \r\n(b) Chairperson and members of the Board; \r\n(c) Rector; \r\n(d) Heads of teaching departments/Centers and Deans; \r\n(e) Principals of constituent colleges. \r\n(f) Members of an Authority; \r\n(g) Teachers and the students of the Institute; and \r\n(h) Officers, officials and members of the staff of the Institute. \r\n4. Functions and powers of the Institute.– The Institute shall: \r\n(a) provide instruction and training in Faculties of: \r\n5 \r\n \r\n(i) Faculty of Law;  2[Faculty of Allied Health Sciences; ] Faculty of \r\nPharmaceutical Sciences; Faculty of Sciences and Information \r\nTechnology; Faculty of Commerce & Management Sciences; \r\nFaculty of Arts and Social Sciences; and \r\n(ii) Such other branches of knowledge and faculties as the Board \r\nmay determine provided that, where applicable, subject to the \r\napproval of the relevant statutory body of a professional \r\neducation. The Board shall be competent to approve \r\ndepartments, constituent colleges, or institutes comprising of the \r\nFaculties of the University on the recommendation of the relevant \r\nstatutory bodies from time to time; \r\n    “Provided that Faculties 3[**] to be established later on, shall be \r\napproved, on the recommendations of Accreditation Committee and \r\nwhere applicable, subject to the prior approval of relevant statutory \r\nbody of a professional education.” \r\n(b) establish, maintain and administer department s, schools, constituent \r\ncolleges, distance learning study centers, research or study centers, and \r\nother facilities including teaching hospitals as the Board may determine \r\nfrom time to time; \r\n(c) make provisions for research, innovation, application, advance ment and \r\ndissemination of knowledge; \r\n(d) prescribe and conduct courses of studies; \r\n(e) decide teaching methods and strategies including online, distance \r\nlearning education, virtual, on -campus education, etc. in such a manner \r\nas prescribed by the Board; \r\n(f)  hold examinations in the prescribed manner and, if a person qualifies the \r\nexamination, award degree, diploma, certificate, and other academic \r\ndistinction to the person;  \r\n(g) prescribe the terms and conditions of employment of the officers, \r\nteachers, and other employees of the Institute; \r\n(h) engage, where necessary, a person on contract for a specified duration \r\nand specify the terms of the engagement; \r\n(i) establish institute programs for the exchange of students and teachers \r\nbetween the institute and any o ther university, educational institution, or \r\nresearch organization; \r\n(j) provide career counseling and job -search services to the students and \r\nalumni; \r\n(k) maintain linkages with alumni; \r\n(l) develop and implement fund-raising plans in the prescribed manner; \r\n(m) provide and support the academic development of the Faculty of the \r\nInstitute; \r\n                                                           \r\n2Inserted by the Next Institute of Science and Technology (Amendment) Act 2025 (LII of 2025), published in the Punjab Gazette \r\n(Extraordinary), dated :02 June 2025,pp. 4943-4944,s. 2(i). \r\n3Omitted the words “listed above or”  by the Next Institute of Science and Technology (Amendment) Act 2025 (LII of 2025), \r\npublished in the Punjab Gazette (Extraordinary), dated: 02 June 2025, pp. 4943-4944, s. 2(ii). \r\n  \r\n6 \r\n \r\n(n) confer degree on a person who has successfully conducted research in \r\nthe prescribed manner;  \r\n(o) accept an examination and the period of study spent by a student of the \r\nInstitute at any other university or place of learning equivalent to an \r\nexamination or period of study of the Institute and may withdraw such \r\nacceptance; \r\n(p) cooperate with a public authority, university, institution or private \r\norganization in the manner and for such purpose as may be prescribed; \r\n(q)  create Professorship, Associate Professorship, Assistant Professorship \r\nand Lectureship or any other post and appoint a person to the post; \r\n(r) create a post for research, extension, administration or other rela ted \r\npurpose and may appoint a person to the post; \r\n(s) award financial assistance to students in need, fellowships, \r\nscholarships, bursaries, medals, and prizes in the prescribed manner; \r\n(t)  provide for the residence of the students, establish and maintain halls of \r\nresidence and may approve or license a hostel, lodging or boarding \r\nplace; \r\n(u) maintain order, discipline and security in the campus of the Institute; \r\n(v) promote the extra -curricular and recreational activities of the students \r\nand make arrangements for promoting health and general welfare of the \r\nstudents; \r\n(w) demand and receive such fees and other charges from the students as it \r\nmay determine; \r\n(x) make provision for research, advisory, or consultancy services and enter \r\ninto arrangements with any ot her institution, public or private body, \r\ncommercial or industrial enterprise in the prescribed manner; \r\n(y) print and publish research, patents or any other work; \r\n(z) receive and manage property transferred and grants, contributions made \r\nto the Institute an d to invest any fund in the manner as it may deem fit; \r\nand \r\n(aa)  perform any other prescribed or an ancillary function as may be \r\ndetermined by the Board. \r\n5. Institute open to all. – Subject to such reasonable restrictions, as may be \r\nprescribed, the Institu te shall be open to all persons; and, admission to the Institute \r\nshall not be denied on the basis of gender, religion, race, creed, color or domicile. \r\n6. Jurisdiction.– (1) The jurisdiction of the Institute shall be restricted to the \r\nProvince of the Punjab. \r\n(2) Notwithstanding anything in subsection (1) the Institute shall not open \r\nany sub-campus for a period of ten years from the commencement of this Act. \r\n(3) After the expiry of the period mentioned in subsection (2), the Board may \r\nallow the Institute to open sub-campus subject to such conditions and limitation as it \r\nmay be determined by the Board. \r\n7. Officers of the Institute.– The following shall be the officers of the Institute: \r\n(a) Patron; \r\n7 \r\n \r\n(b) Rector; \r\n(c) Deans; \r\n(d) Heads of Departments/Centers; \r\n(e) Principals of Constituent Colleges; \r\n(f) Registrar; \r\n(g) Treasurer; \r\n(h) Controller of Examinations;  \r\n(i) Director; and  \r\n(k) Such other persons as may be prescribed by the statutes or regulations \r\nto be the officers of the institute. \r\n8. Patron.– (1) The Patron or his nominee may preside over a convocation of the \r\nInstitute. \r\n(2) The Institute may confer an honorary degree with the prior approval of \r\nthe Patron. \r\n(3) In the performance of his functions under this Act, the Patron shall act \r\nand be bound in the same manner as the Governor of a Province acts and is bound \r\nunder Article 105 of the Constitution of the Islamic Republic of Pakistan. \r\n9. Inspection and inquiry. – (1) The Patron may direct inspection or inquiry into \r\nthe affairs of the Institute. \r\n(2) The Patron  shall convey his views with regard to the result of the \r\ninspection or inquiry to the Board and may, after ascertaining the views of the Board, \r\nrecommend any remedial action to the Board. \r\n(3) The Board shall, within the time specified by the Patron, submit  a report \r\nto the Patron about the action taken on the recommendations of the Patron. \r\n(4) If the Board fails to take action to the satisfaction of the Patron within the \r\nspecified time, the Patron may issue such directions as he thinks fit and the Board \r\nshall comply with the direction. \r\n(5) The Patron may, on the recommendation of a Committee constituted by \r\nhim and comprising of a nominee of the Board, one Director of the company and a \r\nProfessor Emeritus or Vice Chancellor of any university, take such action a gainst the \r\nInstitute as he may deem appropriate. \r\n(6) The Patron shall not take any action under subsection (5), unless the \r\nChairperson of the Board is afforded an opportunity of hearing. \r\n(7) The Patron may set aside a decision or action of the Board, which, in the \r\nopinion of the patron, is against the objectives of the Institute or against the interest of \r\nacademic excellence, religious or cultural ideology or national integrity. \r\n10. Rector.– (1) The Patron shall, on the recommendations of the Board, appoint a \r\nperson as Rector. \r\n(2) The Board shall determine the terms and conditions of service of the \r\nRector. \r\n(3) The Rector shall be the person who possesses the prescribed \r\nqualifications and experience. \r\n8 \r\n \r\n(4) The Rector shall perform such functions as are given i n the Act or as \r\nmay be prescribed or as are assigned to him by the Board. \r\n11. Powers of the Rector. – (1) The Rector shall be the Officer of the Institute \r\nresponsible for administrative and academic functions of the Institute as assigned by \r\nthe Board. \r\n(2) The Rector may attend a meeting of an Authority or body of the Institute. \r\n(3) Subject to the general supervision and control of the Board, the Rector \r\nmay: \r\n(a) direct a teacher, officer or other employee of the Institute to take up such \r\nassignment in connection with examination, administration or any other \r\nactivities in the Institute as he may consider necessary; \r\n(b) suspend, punish or remove, in the prescribed manner, an officer, \r\nteacher or employee of the Institute except those appointed by the \r\nBoard; \r\n(c) take disciplinary action against a teacher, officer or any other employee \r\nof the Institute in the prescribed manner; \r\n(d) delegate, subject to such conditions as may be prescribed, any of his \r\npowers to a teacher or officer of the Institute; \r\n(e) exercise such other powers as may be prescribed by the Board; \r\n(f) Perform any other task assigned to him by the Board; \r\n(4) The Rector shall prepare an annual report containing information as \r\nregards to the preceding academic year including disclosure of all rele vant facts \r\npertaining to academics, research, administration, and finances of the Institute, \r\nincluding details of income and expenditures. \r\n(5) The Rector shall, within three months of the conclusion of an academic \r\nyear, submit the annual report of the Institute to the Board. \r\n12. Acting Rector.– Subject to the conditions as may be prescribed, if the office of \r\nthe Rector is vacant, or the Rector is absent or is unable to perform the functions of \r\nhis/her office due to illness or some other cause, the Patron shall make arrangements \r\nfor the performance of the duties of the Rector by any other person, 4[on the \r\nrecommendations of the Board]. \r\n13. Registrar.– (1) The Board shall appoint a Registrar of the Institute on such \r\nterms and conditions as may be prescribed. \r\n(2) The Board shall not appoint a person as Registrar unless he possesses \r\nthe prescribed qualifications and experience. \r\n(3) The Registrar shall be a full-time officer of the Institute and shall: \r\n(a) be the administrative head of the secretariat of the Institute and be \r\nresponsible for the provision of secretarial support to the Board and the \r\nRector; \r\n(b) be the custodian of the common seal and the academic records of the \r\nInstitute; \r\n                                                           \r\n4Substituted for the words “as it may deem fit” by the Next Institute of Science and Technology (Amendment) Act 2025 (LII of 2025), \r\npublished in the Punjab Gazette (Extraordinary), dated: 02 June 2025, pp. 4943-4944, s. 3. \r\n \r\n9 \r\n \r\n(c) maintain a register of the students and graduates in the prescribed \r\nmanner; \r\n(d) supervise the process of selection, appointment or nomination of a \r\nmember to an Authority or body of the Institute in the prescribed manner; \r\nand \r\n(e) perform such other duties as may be prescribed or as may be assigned \r\nto him by the Rector or the Board. \r\n(4) The Registrar shall hold office for a renewable term of three years. \r\n14. Controller of Examinations. – (1) The Board shall appoint a Controller of \r\nExaminations of the Institute on such terms and conditions as may be prescribed. \r\n(2)  The Board sh all not appoint a person as Controller of Examinations \r\nunless he possesses the prescribed qualifications and experience. \r\n(3)  The Controller of Examinations shall be a full -time officer of the Institute \r\nand shall be responsible for all matters connected wi th the conduct of examinations \r\nand perform such other duties as may be prescribed or assigned to him by the Rector \r\nor the Board. \r\n(4) The Controller of Examinations shall hold office for a renewable term of \r\nthree years. \r\n15. Treasurer.– (1) The Board shall  appoint a Treasurer of the Institute on such \r\nterms and conditions as may be prescribed. \r\n(2) The Board shall not appoint a person as Treasurer unless he possesses \r\nthe prescribed qualifications and experience. \r\n(3) The Treasurer shall be the chief financial officer of the Institute and shall: \r\n(a) manage the assets, liabilities, receipts, expenditures, funds and \r\ninvestments of the Institute; \r\n(b) prepare the annual and revised budget estimates of the Institute and \r\npresent the estimates to the Board; \r\n(c) ensure that the funds of the Institute are spent according to the budget \r\nor any other special arrangement; \r\n(d) ensure that the accounts of the Institute are audited annually and are \r\navailable for submission to the Board within six months of the end of a \r\nfinancial year; and \r\n(e) perform such other functions as may be prescribed or assigned to him \r\nby the Rector or the Board. \r\n(4) The Treasurer shall hold office for a renewable term of three years. \r\n16. Appointments.– The Institute may employ such persons in its servic e as may \r\nbe necessary, on such terms and conditions as may be determined by the Board. \r\n17. Authorities of the Institute. – The following shall be the Authorities of the \r\nInstitute: \r\n(a) Board of Governors; \r\n(b) Academic Council; \r\n(c) Boards of Faculties; \r\n10 \r\n \r\n(d) Board of Advanced Studies and Research; \r\n(e) Selection Board; \r\n(f) Finance and Planning Committee; and \r\n(g) Any other Authority as may be prescribed by the Board or statutes or the \r\nregulations. \r\n18. Board of Governors.– (1) The Board of Governors of the Institute shall consist \r\nof the following: \r\n(a) A Director of the company shall act as the Chairperson of the Board of \r\nGovernors to be nominated by the company. \r\n(b) Members of the Company, subject to a maximum of three members to \r\nbe nominated by the Company; \r\n(c) Four Academicians including at least one woman to be nominated by \r\nthe Company; \r\n(d) Chairperson of the Commission or his/her nominee not below the rank of \r\na Director; \r\n(e) Chairperson, Punjab Higher Education Commission or his/her nominee \r\nnot below the rank of a Director; \r\n(f) One Vice Chancellor of any public sector university in the Punjab \r\nnominated by the Patron; \r\n(g) Secretary to the Government, Higher Education Department or his/her \r\nnominee not below the rank of a Deputy Secretary; and \r\n(h) Rector of the Institute. \r\n(2) The Rector shall be the Secretary of the Board. In the absence of \r\nRector, Chairperson of the Board shall nominate a secretary to conduct meeting and \r\nbusiness of the Board. \r\n(3) Members of the Board other than ex-officio members shall hold office for \r\na term of three years and shall be eligible for re -appointment on the expiry of their \r\nterm of office. \r\n(4) The quorum for a meeting of the Board shall be one -half of the total \r\nnumber of members. \r\n(5) The Secretary shall, with the approval of the C hairperson of the Board, \r\ncall a meeting of the Board. \r\n(6) The Company may fill a casual vacancy occurring because of death or \r\nresignation of a member of the Board nominated by the Company to the extent of the \r\nremainder of the term of the former member. \r\n19. Powers and duties of the Board.– (1) The administration and management of \r\nthe affairs of the Institute shall vest in the Board. \r\n(2) Without prejudice to the generality of the aforesaid power, the Board \r\nmay: \r\n(a) formulate or approve the principles, policies and plans governing the \r\nactivities and operations of the Institute so as to facilitate research, \r\nteaching and other academic work; \r\n(b) approve the statutes of the Institute; \r\n11 \r\n \r\n(c) make or approve rules and regulations; \r\n(d) create a component of the Institute such as Faculty, department, center \r\nor constituent college, subject to the provisions of this Act; \r\n(e) constitute a committee, council and any other administrative or \r\nacademic advisory body; \r\n(f) create such academic or administrative posts as it may deem necessary \r\nand to approve appointments to such posts as it may specify; \r\n(g) hold, control and administer the property, funds and resources of the \r\nInstitute and raise funds for the purpose of the Institute upon such \r\nsecurity as may be required under the regulations; \r\n(h) undertake the responsibility for the financial viability of the Institute \r\nincluding responsibility for ensuring effectiveness of its operations, their \r\ncontinuity and preservation of the autonomy of the Institute; \r\n(i) consider and appr ove, through a resolution, the annual report, plan of \r\nwork, statement of accounts and the annual budget estimates; \r\n(j) call for and consider reports relating to the activities of the Institute and \r\nmay direct the Rector to furnish information relating to an y matter \r\nspecified by the Board; and \r\n(k) take all such initiatives as it may consider necessary or desirable for \r\nefficient and effective management and functioning of the Institute. \r\n20. Business of the Board.– (1) The meetings and business of the Board sh all be \r\nconducted in such manner and in accordance with such procedure as may be \r\nprescribed in the regulations and until so prescribed, as may be determined by the \r\nBoard. \r\n(2) The statutes and regulations approved or proceedings of the Board shall \r\nnot be invalid by reason of any vacancy or defect in the constitution of the Board. \r\n21. Delegation of powers.– (1) Subject to subsection (2) of section 19, the Board \r\nmay delegate any of its powers or functions to a person or committee of the Board.  \r\n(2) The Board shall not delegate the power to: \r\n(a) make the statutes or approve regulations; \r\n(b) recommend any action to the Patron; \r\n(c) appoint the Registrar, Controller and Treasurer; and \r\n(d) approve annual budget and make consideration of audit reports. \r\n22. Academic Council.– (1) The Academic Council shall consist of: \r\n(a) Rector (Convener); \r\n(b) all Deans; \r\n(c) all Heads of Departments/centers/constituent colleges; \r\n(d) Controller of Examinations; \r\n(e) all Professors of the Institute; \r\n(f) two Associate Professors, two Assistant Professors and two Lecturers to \r\nbe nominated by the Board;  \r\n12 \r\n \r\n(g) three persons eminent in the field of art or science of whom at least one \r\nshall be from each category, to be nominated by the Board; \r\n(h) Director Academics of the Commission; and \r\n(i) Registrar (Secretary). \r\n(2) A member nominated shall hold office for a renewable term of three \r\nyears. \r\n(3) The quorum for a meeting of the Academic Council shall be one -half of \r\nthe total number of members of the Academic Council. \r\n23. Powers and duties of Acad emic Council.– (1) The Academic Council shall \r\nbe the academic body of the Institute and may, subject to the statutes, lay down \r\nstandards of instruction, research, publication and examination to regulate and \r\npromote the academic life of the Institute.  \r\n(2) Without prejudice to the generality of the foregoing powers and subject \r\nto the provisions of this Act, rules, statutes and regulations, the Academic Council \r\nmay: \r\n(a) advise the Board on academic matters; \r\n(b) regulate the policies related to the conduct of teaching, research and \r\npublication; \r\n(c) regulate the admission of students to the courses of studies and \r\nexaminations in the Institute; \r\n(d) regulate the conduct and discipline of the students of the Institute; \r\n(e) propose to the Board, a scheme for the con stitution and organization of \r\nfaculties, teaching departments, center and constituent colleges; \r\n(f) consider or formulate proposals for the planning and development of \r\nteaching and research in the Institute; \r\n(g) recommend to the Board, the regulations pres cribing the courses of \r\nstudies, the syllabi and outlines of tests for examinations; \r\n(h) regulate the award of studentships, scholarships, exhibitions, medals \r\nand prizes; \r\n(i) frame regulations for submission to the Board; \r\n(j) appoint or nominate members to the various Authorities in accordance \r\nwith the provisions of this Act; and \r\n(k) perform such other functions as may be prescribed by the statutes. \r\n24. Fund of the Institute. – (1) The Board shall establish a Fund to be known as \r\nthe Next Institute of Science and Technology Fund which shall vest in the Institute and \r\nto which shall be credited all sums received by the Institute. \r\n(2) The Institute may accept donations in the shape of land, vehicles, \r\nequipment or any other item or cash that may facilitate the fun ctioning of the Institute \r\nand all such donations shall be used, maintained and disposed of by the Institute in \r\nthe prescribed manner. \r\n25. Budget, audit and accounts. – (1) The budget of the Institute shall be \r\napproved and its accounts shall be maintained and audited in such manner as may be \r\nprescribed by the Board. \r\n13 \r\n \r\n(2) The Board may approve the budget of the Institute, appropriation of \r\naccounts of the Institute and settle an audit para relating to the audit of the Institute. \r\n26. Rules.– The Board may, by notification, make rules to carry out the purposes \r\nof this Act. \r\n27. Statutes.– (1) Subject to the rules, the Board may approve statutes to provide \r\nfor and to regulate any matter relevant to the Institute. \r\n(2) The Board may delegate the power of appropriat ion or re -appropriation \r\nof funds to any office of the Institute. \r\n28. First Statutes.– Notwithstanding anything to the contrary contained in this Act, \r\nthe statutes set out in the Schedule shall be deemed to be the statutes made under \r\nsection 27 and shall c ontinue to remain in force until amended or repealed in \r\naccordance with the provisions of this Act. \r\n29. Regulations.– Subject to the rules and statutes, the Board may frame \r\nregulations for the proper administration and management of the affairs of the \r\nInstitute. \r\n30. Removal of difficulties. – If any difficulty arises in giving effect to any of the \r\nprovisions of this Act, the Patron may give such directions, not inconsistent with this \r\nAct, as it may consider necessary for the removal of such difficulty. \r\n5[31. Savings.– Notwithstanding anything contained in this Act, an examination \r\nconducted by the affiliating public sector Universities prior to the coming into force of \r\nthe Act, shall be deemed to be the examination conducted by the Institute under the \r\nAct, the Institute may award degree, diploma or certificate on the basis of such \r\nexamination, subject to the consenting choice of already enrolled students.] \r\n \r\n \r\n \r\n \r\n \r\n \r\n  \r\n                                                           \r\n5Added by the Next Institute of Science and Technology  (Amendment) Act 2025 (LII of 2025), published in the Punjab Gazette \r\n(Extraordinary), dated: 02 June 2025, pp. 4943-4944,s. 4. \r\n \r\n14 \r\n \r\nSCHEDULE \r\nTHE FIRST STATUTES \r\n1. Faculties.– (1) There shall be a Faculty for a teaching department or a group \r\nof teaching departments. \r\n(2) The Institute shall include the following faculties and such other faculties \r\nas may be prescribed: \r\n(a) Faculty of Law; \r\n 6[(b) Faculty of Allied Health Sciences;] \r\n7[(c)     Faculty of Pharmaceutical Sciences;  \r\n(d) Faculty Sciences and Information Technology;  \r\n(e) Faculty of Commerce and Management Sciences; \r\n(f) Faculty of Arts and Social Sciences; and \r\n(g)] Such other branches of knowledge, as the Board may determine, given \r\non the recommendations of the academic council, where applicable, \r\nsubject to the prior approval of the relevant statutory/regulatory body of \r\nprofessional education. \r\n2. Board of Faculty. – (1) There shall be a Board of Faculty for each Faculty \r\nwhich shall consist of: \r\n(a) Dean of the Faculty; \r\n(b) Professors and Heads of the teaching departments/centers/constituent \r\ncolleges in the Faculty; \r\n(c) Two teachers to be nominated by the Academic Coun cil for their \r\nspecialized knowledge of the subjects which, though not assigned to the \r\nFaculty, have in the opinion of the Academic Council, important bearing \r\non the subjects assigned to the Faculty; \r\n(d) Two experts in the field from outside the Institute t o be appointed by the \r\nBoard;  \r\n(e) One member to be nominated by the Rector; and  \r\n(f)  Director QEC \r\n(2) The members other than ex-officio members of a Board of Faculty shall \r\nhold office for a period of three  years and shall be eligible for reappointment on expiry \r\nof their term of office. \r\n(3) The quorum for a meeting of a Board of Faculty shall be one -half of the \r\ntotal number of members. \r\n(4) A Board of Faculty, subject to the general control of the Academic \r\nCouncil and the Board, may: \r\n(a) co-ordinate the teaching and research work in the subjects assigned to \r\nthe Faculty; \r\n                                                           \r\n6Added by the Next Institute of Science and Technology  (Amendment) Act 2025 (LII of 2025), published in the Punjab Gazette \r\n(Extraordinary), dated: 02 June 2025, pp. 4943-4944, s. 5. \r\n  \r\n7Renumbered by the Next Institute of Science and Technology  (Amendment) Act 2025  (LII of 2025), published in the Punjab \r\nGazette (Extraordinary), dated: 02 June 2025, pp. 4943-4944, s. 5. \r\n  \r\n15 \r\n \r\n(b) scrutinize the recommendations of the Board of Studies comprising a \r\nFaculty with regard to the appointment of paper -setters and examiners \r\nfor graduate and postgraduate examinations and  to forward the panels \r\nof suitable paper -setters and examiners for each examination to the  \r\nRector; \r\n(c) consider any other academic matter relating to the Faculty and to submit \r\nits report to the Academic Council; \r\n(d)  prepare a comprehensive annual report regarding the performance of \r\neach department or center or constituent college comprising the Faculty \r\nfor presentation to the Academic Council; and \r\n(e) perform such other functions as may be prescribed by Statutes. \r\n(5) The Dean of the Faculty shall be the convener of the Board of Faculty. \r\n(6) The Dean shall be appointed by the Board from amongst three senior \r\nmost Professors of the Faculty on the recommendations of the Rector and shall hold \r\noffice for a period of three years and shall be eligible for reappointment. \r\n(7) The Dean shall present candidates for admission to degree, except an \r\nhonorary degree, courses falling within the purview of the Faculty. \r\n(8) The Dean shall have such powers and duties as may be prescribed by \r\nthe Board on the recommendations of the Rector. \r\n3. Academic departments, centers, constituent colleges and institutes. – (1) \r\nThere shall be an academic department or center or constituent college for each subject \r\nor a group of subjects, as may be prescr ibed by the Regulations and each academic \r\ndepartment or center or constituent college shall be headed by a Head or a Principal. \r\n(2) The Board shall, on the recommendation of the Rector, appoint the \r\nHead of Department/Center or Principal from amongst three senior most Professors \r\nother than the Professors already working as Dean for a period of three years and \r\nthat the Head/Principal shall be eligible for re-appointment: \r\nProvided that in a department or center or constituent college where there are \r\nless than three eligible Professors, the appointment shall be made from amongst the \r\nthree senior most Professors and Associate Professor of the department, center or \r\nconstituent college. \r\n(3) The Head of Department or Principal shall plan, organize and supervise \r\nthe work of the department or center or constituent college and shall be responsible to \r\nthe Dean for the work of his Department, center or Constituent College or Institute. \r\n(4) The Head of Department or Principal shall, under the general \r\nsupervision of the Rector and Dean, exercise all the administrative, financial and \r\nacademic powers and such other duties or powers as may be delegated to him. \r\n(5) The Head of Department or Principal shall prepare a comprehensive \r\nannual report regarding the performance of his/her department or center or constituent \r\ncollege at the graduate and postgraduate levels, Faculty research and development, \r\nand submit the report to the Dean for evaluation. \r\n4. Board of Advanced Studies and Research. – (1) The Board of Advanced \r\nStudies and Research shall consist of: \r\n(a) Rector (Convener); \r\n(b) all the Deans; \r\n16 \r\n \r\n(c) Controller of Examinations; \r\n(d) one Professor of the Institute from each Faculty other than the Dean to \r\nbe appointed by the Board; \r\n(e) one member to be nominated by the Rector; \r\n(f) three members from the relevant field, research organizations and \r\nGovernment, to be nominated by the Board;  \r\n(g) Director QEC; \r\n(h) Director ORIC; and  \r\n(i) Registrar (Secretary). \r\n(2) The term of office of the members of the Board of Advanced Studies \r\nand Research other than ex-officio members shall be three years and shall be eligible \r\nfor reappointment. \r\n(3) The quorum for a meeting of the Board of Advanced Studies and \r\nResearch shall be one-half of the total number of members. \r\n5. Functions of the Board of Advanced Studies and Research. – The Board of \r\nAdvanced Studies and Research shall: \r\n(a) advise an Authority on all matters connected with the promotion of \r\nadvanced studies and research publication in the Institute; \r\n(b) consider and report to an Authority with regard to a research degree of \r\nthe Institute; \r\n(c) propose Regulations regarding the award of a research degree; \r\n(d) appoint supervisors for postgraduate research students and to app rove \r\nthe title and synopses of a thesis or dissertation; \r\n(e) recommend panels of names of examiners for evaluation of a research \r\nexamination; and \r\n(f) perform such other functions as may be prescribed by the Statutes. \r\n6. Selection Board.– (1) The Selection Board shall consist of: \r\n(a) Rector (Convener); \r\n(b) Dean of the Faculty concerned; \r\n(c) Head of Department or Principal of the constituent college concerned; \r\n(d) two members of the Board to be nominated by the Board; \r\n(e) one eminent scholar to be nominated by the company; \r\n(f) the Registrar, who shall be the Secretary of the Selection Board. \r\n(2) The members other than ex-officio members shall hold office for a \r\nperiod of three years and shall be eligible for reappointment. \r\n(3) Four members of the Selection Board shall constitute the quorum for a \r\nmeeting of the Selection Board. \r\n(4) No member, who is a candidate or whose family member is a candidate, \r\nfor a post to which appointment is to be made shall take part in the proceedings of the \r\nSelection Board for selection of a candidate on such post. \r\n17 \r\n \r\n(5) In the selection of candidates for the post of Professor or Associate \r\nProfessor, the Selection Board shall co -opt or consult three experts in the subject \r\nconcerned, and in selecting candidates for any other teaching post, two experts in the \r\nsubject concerned, to be nominated by the Rector from a standing list of experts for \r\neach subject approved by the Board on the recommendations of the Selection Board. \r\n(6) The Board may revise the standing list of experts of a subje ct on the \r\nrecommendations of the Selection Board. \r\n(7) In case of non -availability of the Rector, any members can convene the \r\nSelection Board by mutual consent. \r\n7. Functions of the Selection Board.– The Selection Board shall: \r\n(a) consider the applications and recommend to the Board, the names of \r\nsuitable candidates for appointment to teaching and other posts; and \r\n(b) consider all cases of promotion or selection of teachers or officers of the \r\nInstitute and recommend the names of suitable candidates for such \r\npromotion or selection to the Board. \r\n8. Finance and Planning Committee.– (1) The Finance and Planning Committee \r\nshall consist of: \r\n(a) Rector (Convener); \r\n(b) One member of the Company to be nominated by the Company;  \r\n(c) Treasurer; \r\n(d) one member of the Board to be nominated by the Board; \r\n(e) one member of the Academic Council to be nominated by the \r\nAcademic Council; \r\n(f) Director Planning of the Punjab Higher Education Commission; and  \r\n(g) Registrar. \r\n(2) The term of office of the nominated members shall be three years and \r\nshall be eligible for reappointment. \r\n(3) Half members of the Finance and Planning Committee shall constitute \r\nthe quorum for a meeting of the Finance and Planning Committee. \r\n9. Functions of the Finance and Planning Committee. – The Financ e and \r\nPlanning Committee shall: \r\n(a) prepare the annual statement of accounts and propose annual budget \r\nestimates and advise the Board thereon; \r\n(b) review periodically the financial position of the Institute; \r\n(c) advise the Board on all matters relating to finance, investments and \r\naccounts of the Institute; and \r\n(d) perform such other functions as may be prescribed by the Statutes.",
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