{ "schema_version": "qanun-law-text/1", "id": "punjab-code-9335050313648031", "title": "PUNJAB AGRICULTURAL DEVELOPMENT AND SUPPLIES CORPORATION ACT, 1973", "source_collection": "Punjab", "content_kind": "stored_law_text", "content_extent": null, "source_url": "https://punjabcode.punjab.gov.pk/en/show_article/U2YHNQYzUWU-", "version": null, "source_snapshot": "2026-08-06T16:50:00Z", "legal_status": "not independently verified", "text_quality": "Complete stored UTF-8 TXT file recovered byte-for-byte from owned Drive. Source transcription retained verbatim; legal completeness, OCR accuracy and current consolidation unverified.", "text_sha256": "5d46626ea45584ef7c47f6004b0d0881489cbe3baec6dae8f1e1f4d29357ea06", "source_sha256": "5d46626ea45584ef7c47f6004b0d0881489cbe3baec6dae8f1e1f4d29357ea06", "text_version_id": "law:punjab-code-9335050313648031:sha256:5d46626ea45584ef7c47f6004b0d0881489cbe3baec6dae8f1e1f4d29357ea06", "quality_flags": [], "encoding": "UTF-8", "text": "THE PUNJAB AGRICULTURAL DEVELOPMENT AND \r\nSUPPLIES CORPORATION ACT, 1973 \r\n(XXI of 1973) \r\nCONTENTS \r\nCHAPTER I \r\nPRELIMINARY \r\n1. Short title, extent and commencement \r\n2. Definitions \r\nCHAPTER II \r\nCONSTITUTION OF THE CORPORATION \r\n3. Constitution of the Corporation \r\n4. Management \r\n5. Board \r\n6. Managing Director \r\n7. Term of Office of nominated members \r\n8. Disqualifications of Managing Director and nominated members \r\n9. Removal of Managing Director \r\n10. Resignation by or removal of a nominated Member or the Managing \r\nDirector \r\n11. Appointment of officers etc., of the Corporation \r\n12. Declaration of fidelity and secrecy \r\n13. Financial, technical and advisory committees \r\n14. Immunity of the Managing Director and employees of the Corporation \r\n15. Delegation of powers \r\n16. Meetings of the Board \r\n17. Power of Board to associate other persons \r\nCHAPTER III \r\nPOWERS AND FUNCTIONS OF THE CORPORATION \r\n18. Powers and functions of the Corporation \r\n18-A. Recovery of Corporation dues \r\nCHAPTER IV \r\nFINANCES, AUDIT AND ACCOUNTS \r\n19. Corporation Fund \r\n20. Powers of the Corporation to borrow money \r\n21. Custody of Corporation Fund \r\n22. Budget \r\n23. Accounts and Audit \r\n24. Report to be furnished to Government \r\nCHAPTER V \r\nRULES AND REGULATIONS \r\n25. Power to make rules \r\n26. Powers to make Regulations \r\nCHAPTER VI \r\nTRANSFER OF ASSETS, PROJECTS, UNDERTAKINGS, LIABILITIES, \r\nEMPLOYEES, ETC. OF THE DEFUNCT WEST PAKISTAN AGRICULTURAL \r\nDEVELOPMENT CORPORATION \r\n27. Transfer of assets, etc. of the defunct West Pakistan Agricultural \r\nDevelopment Corporation \r\n28. Officers and employees of the defunct West Pakis tan Agricultural \r\nDevelopment Corporation \r\n29. Repeal \r\n \r\nTEXT \r\n1\r\nTHE PUNJAB AGRICULTURAL DEVELOPMENT AND SUPPLIES \r\nCORPORATION ACT, 1973 \r\n(XXI of 1973) \r\n[15th December, 1973] \r\nAn \r\nAct \r\nto provide for the establishment of an Agricultural Development and Supplies \r\nCorporation in the Province of the Punjab. \r\nPreamble. WHEREAS it is expedient to establish an Agricultural Development and \r\nSupplies Corporation for the purpose of increasing agricultural production in the \r\nPunjab and to succeed to th e business, projects, undertakings and properties of the \r\nSupply Wing of the defunct West Pakistan Agricultural Development Corporation to \r\nthe extent such business, projects, undertakings and properties stand transferred to \r\nthe Province of the Punjab on the dissolution of the West Pakistan Agricultural \r\nDevelopment Corporation in pursuance of the West Pakistan Agricultural \r\nDevelopment Corporation (Dissolution) Order, 1972 (P.O. No.5 of 1972); \r\n It is hereby enacted as follows:– \r\nCHAPTER I \r\nPRELIMINARY \r\n1. Short t itle, extent and commencement .– (1) This Act shall be called the \r\nPunjab Agricultural Development and Supplies Corporation Act, 1973. \r\n (2) It shall extend to the whole of the Province of the Punjab. \r\n (3) It shall come into force at once. \r\n2. Definitions.– In this Act, unless there is anything repugnant in the subject or \r\ncontext– \r\n(a) “Adviser” means Adviser of the Corporation, other than the Chairman \r\nor Member; \r\n(b) “Board” means the Board of Members and the Chairman of the \r\nCorporation; \r\n(c) “Chairman” means the Chairman of the Board and includes any person \r\nfor the time being discharging the functions of the Chairman; \r\n(d) “Corporation” means the Punjab Agricultural Development and \r\nSupplies Corporation, established under section 3 of this Act; \r\n(e) “employee” means, an employee of the Corporation; \r\n(f) “Government” means the Government of the Punjab; \r\n \r\n1This Act was passed by the Punjab Assembly on 3rd December, 1973; assented to by the Governor of the Punjab on 15th \r\nDecember, 1973; and, published in the Punjab Gazette (Extraordinary), dated 15th December, 1973, pages 1751-C to 1751-P. \r\n(g) “Managing Director” means the Managing Director of the Corporation \r\nand includes any person for the time being discharging the functions of \r\nthe Managing Director; \r\n(h) “Member” means a member of the Board and includes its Chairman \r\nand Managing Director; \r\n(i) “Officer” means an officer of the Corporation, other than the Chairman \r\nor Member; \r\n(j) “prescribed” means prescribed by rules or regulations; \r\n(k) “regulations” means regulations made under this Act; and \r\n(l) “rules” means rules made under this Act. \r\nCHAPTER II \r\nCONSTITUTION OF THE CORPORATION \r\n3. Constitution of the Corporation .– (1) As soon as may be, after the \r\ncommencement of this Act, there shall be established a Corpor ation to be called \r\n“The Punjab Agricultural Development and Supplies Corporation”. \r\n (2) The Corporation shall be a body corporate having perpetual \r\nsuccession and a common seal with power, subject to the provisions of this Act, to \r\nacquire and hold property, both movable and immovable, and shall by the said name \r\nsue and be sued. \r\n (3) The Head Office of the Corporation shall be at Lahore. \r\n4. Management.– (1) The administration and management of the Corporation \r\nand its affairs shall vest in a Board which may ex ercise powers and do all acts and \r\nthings that may be exercised or done by the Corporation in accordance with the \r\nprovisions of this Act. \r\n (2) The Board, in discharging its functions, shall act on commercial and \r\nnational considerations except that it shall be bound to carry out such directions as \r\nthe Government may give to it from time to time. \r\n (3) The Government may suspend the execution of any such resolution or \r\norder of the Board as, in the opinion of Government, contravenes the provisions of \r\nthis Act, t he rules or regulations framed thereunder or the directions mentioned in \r\nsub-section (2) or prohibits the doing of any act which is to be done or is being done \r\nin pursuance of the said resolution or order, or if the act has been accomplished, \r\norder its rectification in such manner as the Government may direct. \r\n5. Board.– (1) Subject to the provisions of sub -section (2), the Board shall \r\nconsist of– \r\n(a) Minister for Agriculture, Government of the \r\nPunjab \r\nChairman. \r\n(b) Chairman, Punjab Planning and Develop -ment \r\nBoard, Government of the Punjab \r\nMember. \r\n(c) Secretary, Agriculture Department, \r\nGovernment of the Punjab \r\nMember. \r\n(d) Secretary, Finance Department, Government of \r\nthe Punjab \r\nMember. \r\n(e) Managing Director, Punjab Agr icultural \r\nDevelopment and Supplies Corporation \r\nMember/Secretary \r\nof the Board. \r\n(f) Three non-official members to be nominated by \r\nGovernment, two of whom shall be from the \r\nfarming community and the third will be a \r\nchartered accountant. \r\nMembers. \r\n (2) Government may alter, increase or decrease the membership of the \r\nBoard as and when it considers necessary. \r\n6. Managing Director .– (1) Government shall appoint a Managing Director of \r\nthe Corporation who shall be its chief executive. \r\n (2) The Managing Director shall– \r\n(a) be a whole-time officer of the Corporation; \r\n(b) perform such duties as may be prescribed or as the Board may assign \r\nto him; \r\n(c) subject to the provisions of sections 8, 9 and 10, hold office as \r\nManaging Director for such term as may be provided in the contract of \r\nemployment and subject as aforesaid– \r\n(i) shall remain in office as Managing Director thereafter for three \r\nmonths or until a successor in that office is appointed, whichever \r\nis earlier; \r\n(ii) may be appointed to hold the said office for such further term as \r\nGovernment may, with his consent determine; \r\n(d) receive such salary and allowances as Government may determine; \r\nand \r\n(e) on appointment, notify to Government, the movable and immovable \r\nassets held by him including shares, etc. and also obtai n prior \r\npermission of Government before acquiring any property and shares \r\nduring the term of his office. \r\n7. Term of Office of nominated members .– Subject to the provisions of \r\nsections 8, 9 and 10, a Member nominated under clause (f) of sub -section (1) of \r\nsection 5 shall hold office for such term, not exceeding three years, as may be \r\ndetermined by Government, and may be nominated thereafter for a further term or \r\nterms of such duration as Government may, in nominating thereto, determine. \r\n8. Disqualifications of Managing Director and nominated members .– No \r\nperson shall be appointed as Managing Director or nominated as Member or, as the \r\ncase may be, shall continue as Managing Director or Member, who– \r\n(a) is, or at any time has been, convicted of an offence invol ving moral \r\nturpitude; \r\n(b) is, or at any time has been, adjudged insolvent; \r\n(c) is found a lunatic or becomes of unsound mind; \r\n(d) is, or at any time has been, disqualified for appointment in or dismissal \r\nfrom Government service; \r\n(e) is under the age of twenty-five years; \r\n(f) is not a citizen of Pakistan; or \r\n(g) has any pecuniary interest in any institution administered, run or \r\ncontrolled by the Corporation or directly or indirectly, or through a \r\npartner has any share or interest in any contract or employmen t with, \r\nby or on behalf of the Corporation or in any property, which, in his \r\nknowledge, is likely to benefit as a result of the operations of the \r\nCorporation. \r\n9. Removal of Managing Director .– Government may, after affording him a \r\nreasonable opportunity to show cause, by order in writing, remove the Managing \r\nDirector if he– \r\n(a) refuses or fails to discharge or becomes, in the opinion of Government, \r\nincapable of discharging his responsibilities under this Act; \r\n(b) has, in the opinion of Government, abused hi s position as Managing \r\nDirector or Member; \r\n(c) has knowingly acquired or continued to hold, directly or indirectly , or \r\nthrough a partner, any share or interest in any contract or employment \r\nwith, by or on behalf of the Corporation or in any property, which , in his \r\nknowledge, is likely to benefit or has benefitted as a result of the \r\noperations of the Corporation; \r\n(d) has, in the opinion of Government, violated the declaration of fidelity \r\nand secrecy provided under section 12; or \r\n(e) has absented himself from three consecutive meetings of the Board \r\nwithout the leave of Chairman. \r\n10. Resignation by or removal of a nominated M ember or the Managing \r\nDirector.– Notwithstanding anything contained in this Act,– \r\n(a) a nominated member may, at any time before the expir y of his term of \r\noffice, resign his office or be removed from office by Government; and \r\n(b) the Managing Director may, before the expiry of his term of office, \r\nresign or be removed from office according to the terms of his \r\nemployment. \r\n11. Appointment of officers etc., of the Corporation.– (1) The Corporation may \r\nappoint such officers, advisers and servants as it deems necessary for the efficient \r\nperformance of its functions on such terms and conditions as may be prescribed: \r\n Provided that the Corporation sh all not be precluded from making any \r\nappointment on contract basis on such terms and conditions as it may deem fit. \r\n (2) The Corporation shall appoint such officers, advisers and servants as \r\nmay be transferred to it by Government on such terms and conditio ns as may be \r\ndetermined by Government. \r\n12. Declaration of fidelity and secrecy.– (1) Every Member, adviser, officer and \r\nother employee of the Corporation shall, before entering upon his office, make such \r\ndeclaration of fidelity and secrecy as may be prescribed. \r\n (2) Any adviser, officer or other employee of the Corporation, who, in the \r\nopinion of the Board or a person authorised by the Board in this behalf, has violated \r\nthe declaration of fidelity and secrecy made by him under sub -section (1) shall be \r\nliable, after being given reasonable opportunity of showing cause against the action \r\nproposed to be taken with respect to him, be removed forthwith from his office. \r\n13. Financial, technical and advisory Committees.– The Board may, in such \r\nmanner as may be presc ribed, constitute such financial, technical and advisory \r\ncommittees as may be deemed necessary for carrying out the purposes of this Act. \r\n14. Immunity of the Managing Director and employees of the Corporation .– \r\n(1) Every Member, adviser, officer and employ ee of the Corporation shall be \r\nindemnified by the Corporation against all losses and expenses sustained or \r\nincurred by him in the discharge of his duties; save such losses and expenses as are \r\nsustained and incurred as a result of his own wilful act or default. \r\n (2) The Managing Director shall not be personally responsible for the acts \r\nof any other member, adviser, officer or employee of the Corporation which he could \r\nnot have reasonably prevented by the due exercise of his powers and functions \r\nunder this Ac t and the rules and regulations made thereunder or anything done by \r\nhim in good faith in execution of the duties of his office. \r\n15. Delegation of powers .– (1) The Board may, by general or special order \r\ndelegate to the Managing Director, a Member, officer or employee of the Corporation \r\nany of its powers, duties or functions under this Act or the rules and regulations \r\nmade thereunder, subject to such conditions as it may deem fit to impose. \r\n (2) The Managing Director may likewise delegate to any officer any o f his \r\npowers under this Act or the rules or regulation made thereunder , not being a power \r\ndelegated to him by the Board under sub-section (1). \r\n16. Meetings of the Board.– (1) The meetings of the Board shall be held at such \r\ntime and place as may be prescribed: \r\n Provided that at least one meeting shall be held during each quarter of the \r\nyear: \r\n Provided further that until regulations are made in this behalf, such meetings \r\nshall be held at such time and place as may be determined by the Chairman. \r\n (2) The quoru m required for transacting business at a meeting of the \r\nBoard shall be four: \r\n Provided that for the budget meeting of the Board, one of the four members \r\nconstituting the quorum shall be the Finance Secretary. \r\n (3) Each member, including the Chairman, shall have one vote but in the \r\nevent of equality of votes the Chairman shall have a casting vote. \r\n (4) The meetings of the Board shall be presided over by the Chairman and \r\nin his absence by such member as may be nominated by him. \r\n (5) No act or proceeding of the Board shall be invalid merely on the ground \r\nof the existence of any vacancy in the Board. \r\n (6) The minutes of every meeting, stating among other things, the names \r\nof the members present, shall be drawn up and recorded in a book to be kept for the \r\npurpose and shall be signed by the person presiding over the meeting and such \r\nbook shall, at all reasonable times and without payment of any fee, be open to \r\ninspection by any member. \r\n (7) The Managing Director shall circulate to all concerned the copies of the \r\nminutes of every meeting. \r\n (8) If Government so directs the Managing Director shall forward to it \r\ncopies of all papers laid before the Board for consideration at a meeting. \r\n (9) Government may require the Managing Director to furnish to it– \r\n(a) any return, s tatement, estimate, statistics or other information \r\nregarding any matter under the control of the Corporation; \r\n(b) a report on each matter; or \r\n(c) a copy of any document in his charge, and the Managing Director shall \r\ncomply with any such requisition without any undue delay. \r\n17. Power of Board to associate other persons .– (1) The Board may associate \r\nwith itself, in such manner, on such terms and for such period as it may deem fit, any \r\nperson whose assistance or advice it may desire to avail in carrying out a ny of the \r\npurposes of this Act. \r\n (2) A person associated under sub -section (1) for any purpose shall have \r\na right to take part in the discussions relating to such purpose in the Board’s meeting \r\nbut shall not have a right to vote, and shall not be deemed to be a Member for that or \r\nany other purpose. \r\nCHAPTER III \r\nPOWERS AND FUNCTIONS OF THE CORPORATION \r\n18. Powers and functions of the Corporation .– (1) Subject to the provisions of \r\nthis Act, the Corporation may take such measures, exercise such powers as it \r\nconsiders necessary or expedient, undertake any works, incur any expenditure, \r\nprocure any plants, machinery or materials required for its use, and may enter into \r\nany contract and do all acts and things necessary for carrying out the purposes of \r\nthis Act. \r\n (2) In particular and without prejudice to the generality of the foregoing \r\npowers, the Corporation shall– \r\n(a) make suitable arrangements for the production, procurement from \r\nabroad and within the country from public or private agencies on \r\nconsignment basis or otherwise, transport, storage and distribution to \r\nagriculturists and Agriculture Department of Government, of supplies \r\nsuch as seed, fertilizers, gypsum (calcium sulphate), plant protection \r\nequipment, pesticides, weedicides and agricultural machinery inclu ding \r\ntractors and tube -wells, its spare parts and implements (hereinafter in \r\nthis Act referred to as the agricultural supplies): \r\n Provided that– \r\n(i) some or any of the agricultural supplies may be distributed free \r\nor at subsidised rates with the previous a pproval in writing of \r\nGovernment; \r\n(ii) the agricultural supplies may be distributed either through \r\nprivate or public sectors or both; and \r\n(iii) Government shall have the right of making such arrangements \r\nas it may consider necessary for the procurement, tr ansport, \r\nstorage and distribution to agriculturists and Agriculture \r\nDepartment of Government, of all or any of the agricultural \r\nsupplies and in case and to the extent Government decides to \r\nexercise or exercises such right, the Corporation shall not in that \r\ncase and to that extent make such arrangements; \r\n(b) take over and manage, if so directed by Government such \r\nmultiplication farms and fruit nurseries as are owned and managed by \r\nGovernment on such terms and conditions as may be specified by \r\nGovernment; \r\n(c) make suitable arrangements of multiplication of certified seed on \r\nprivate farms under its supervision; \r\n(d) make suitable arrangements for certification of seed in such manner as \r\nmay be prescribed; \r\n(e) assist, encourage and promote the establishment of see d producing \r\nconcerns; \r\n(f) assist, encourage and promote the manufacture of improved \r\nagricultural machinery and implements; \r\n(g) assist, encourage and promote the establishment of industries for \r\nformulating or manufacturing of insecticides, pesticides or fungicides; \r\n(h) be responsible for– \r\n(i) preparing and submitting Seed Laws to Government for \r\npromulgation; \r\n(ii) giving effect to Seed Laws; \r\n(iii) preparing and submitting schemes for distribution of fertilizers \r\nand pesticides to Government for purposes of app roval and \r\npublication; and \r\n(iv) giving effect to such approved schemes. \r\n (3) In addition to the functions enumerated in sub -section (2), the \r\nCorporation may– \r\n(a) enter into commercial transactions with any person or organization \r\nconcerning any agricultural supplies; \r\n(b) contribute towards the cost of any studies, surveys, experiments, or \r\ntechnical research connected with the functions of the Corporation and \r\nundertaken or done by any other person or agency or body; and \r\n(c) take over and manage, such agricult ural projects and Government \r\nlands for agricultural development as are transferred to the Corporation \r\nby Government, on such terms and conditions as Government may \r\ndetermine. \r\n2\r\n[18-A. Recovery of Corporation dues .– (1) Notwithstanding anything to the \r\ncontrary contained in any agreement or law for the time being in force, any officer of \r\nthe Corporation authorised generally or specially in this behalf by the Managing \r\nDirector may, by notice, call upon any person to pay any sum of money due from him \r\nto the Corp oration in respect of any agricultural supplies provided to him for his \r\npersonal use or as dealer on commission basis for marketing the same. \r\n (2) The notice referred to in sub -section (1) shall indicate the time within \r\nwhich payment is required to be made to the Corporation. \r\n (3) If any person fails to pay the amount demanded in the notice within the \r\nstipulated time, the Managing Director or any officer of the Corporation authorised \r\ngenerally or specially by him in this behalf, may issue a certificate decl aring that \r\nperson to be a defaulter and certifying the amount to be recoverable as arrears of \r\nland revenue. \r\n \r\n3\r\n[Provided that any person aggrieved by the certificate may within fifteen days \r\nof the issuance thereof file an appeal before an officer, not below the rank of an \r\nAdditional Secretary to the Government, who may be notified by the Government as \r\nthe appellate authority and he shall decide the appeal after giving an opportunity of \r\nbeing heard to the appellant.] \r\n (4) A certificate issued under sub -section (3) shall \r\n4\r\n[ subject to the order in \r\nappeal,] be conclusive evidence that the amount certified therein is recoverable by \r\nthe Corporation. \r\n (5) Notwithstanding anything to the contrary contained in any agreement \r\nor law for the time being in force the Corp oration may recover the amount due to it \r\neither from the defaulter concerned or from his surety under the Revenue Recovery \r\nAct, 1890 as arrears of land revenue.] \r\nCHAPTER IV \r\nFINANCES, AUDIT AND ACCOUNTS \r\n19. Corporation Fund .– (1) There shall be a fund to be known as the \r\n“Corporation Fund” vested in the Corporation which shall be utilized by the \r\nCorporation to meet charges in connection with its functions under this Act, including \r\nthe payment of salaries and other remunerations to the Managing Director, offic ers, \r\nadvisers and employees of the Corporation. \r\n (2) The Corporation Fund shall consist of– \r\n(a) grants made by Government; \r\n \r\n2Added by the Punjab Agricultural Development and Supplies Corporation (Amendm ent) Act, 1975 (XXXVII of 1975); and \r\npublished in the Punjab Gazette (Extraordinary), dated 25.6.1975, pages 942WWW-942XXX, s.2. \r\n3Added by the Punjab Agricultural Development and Supplies Corporation (Amendment) Ordinance, 1985 (XXII of 1985); and \r\npublished in the Punjab Gazette (Extraordinary), dated 23.2.1985, s.2. \r\n4Inserted ibid. \r\n(b) loans obtained from Government; \r\n(c) loans obtained from the State Bank and scheduled banks by the \r\nCorporation with the special or general sanction of Government; \r\n(d) foreign aid and loans obtained through Government; \r\n(e) all fees received by the Corporation; \r\n(f) all other sums received by the Corporation; \r\n(g) funds of the Supply Wing of the defunct West Pakistan Agricultural \r\nDevelopment Corporation to the extent such funds are transferred to \r\nthe Province of the Punjab; \r\n(h) sale proceeds by way of disposal of the assets of the Corporation; \r\n(i) sale proceeds of agricultural supplies; \r\n(j) subsidy received from Government for sub -sidizing agricultural \r\nsupplies; and \r\n(k) incidentals and commission on providing services. \r\n20. Powers of the Corporation to borrow money .– The Corporation shall be \r\ndeemed to be a local authority under the Local Authorities Act, 1914 (No.I of 1914), \r\nfor the purpose s of borrowing money under that Act, and the making and execution \r\nof any scheme or project under this Act shall be deemed to be a work which such \r\nauthority is legally authorised to carry out: \r\n Provided that no local or foreign loan shall be obtained by the Corporation \r\nwithout the previous sanction of Government. \r\n21. Custody of Corporation Fund.– All funds of the Corporation shall be kept in \r\nsuch manner as may be prescribed. \r\n22. Budget.– The Corporation shall prepare its annual subsidy budget estimates \r\nand submit the same to Government by the prescribed date and Government may \r\nmodify the said estimates to such extent as it may consider necessary. \r\n23. Accounts and A udit.– (1) The Corporation shall maintain proper accounts \r\nand other relevant records and prepare annual statement of accounts including the \r\nprofit and loss account and balance -sheet in accordance with such general \r\ndirections as may be issued, and in such form as may be specified by Government in \r\nconsultation with the Comptroller and Auditor -General of Pakistan, hereinafter in this \r\nsection referred to as the Auditor-General. \r\n (2) The Auditor-General shall audit or cause to be audited the accounts of \r\nthe Corporation at least once in every financial year. \r\n (3) The Corporation shall produce all accounts, books and connected \r\ndocuments and furnish such explanations and information as the Auditor -General or \r\nany officer authorised by him in this behalf may require at the time of audit. \r\n (4) A statement of audited accounts referred to in sub -section (1) shall b e \r\nfurnished to Government by the Corporation, as soon as possible after the end of \r\nevery financial year. \r\n24. Report to be furnished to Government .– The Corporation shall furnish to \r\nGovernment, as soon as possible, after the close of each financial year an audited \r\nstatement in the prescribed form of its assets and liabilities of all undertakings and \r\ntransactions as they stand at the close of that year, together with a profit and loss \r\naccount for the year and a full report on the working of the Corporation du ring that \r\nyear, and copies of the said statement, account and report shall be published in the \r\nofficial Gazette. \r\nCHAPTER V \r\nRULES AND REGULATIONS \r\n25. Power to make rules .– (1) Government may, by notification in the official \r\nGazette, make rules for carrying out the purposes of this Act. \r\n (2) Without prejudice to the generality of the foregoing provisions, such \r\nrules may provide for– \r\n(a) the appointment of C ommittees to consider particular matter or \r\nmatters; \r\n(b) the custody of funds of the Corporation; \r\n(c) the meetings of the Board; \r\n(d) methods of ensuring continuous evaluation by the Corporation of its \r\nschemes and projects; \r\n(e) the determination of the terms and conditions of service of the officers, \r\nadvisers and servants of the Corporation; \r\n(f) the mode of operation and expenditure of the funds of the Corporation; \r\n(g) the manner and form of keeping the accounts of the Corporation; \r\n(h) oath of fidelity and secrecy; \r\n(i) the date on which and the form in which the annual budget statement \r\nof the Corporation is to be submitted each year; \r\n(j) the manner and the form in which the statements and the report \r\nreferred to in section 24 shall be submitted; and \r\n(k) any other matter required by the provisions of this Act to be provided \r\nby rules. \r\n26. Powers to make Regulations.– Subject to the provisions of this Act and the \r\nrules, the Corporation may, by notification in the official Gazette, and with the \r\nprevious approval in writing of Government, make regulations for carrying out the \r\npurposes of this Act. \r\nCHAPTER VI \r\nTRANSFER OF ASSETS, PROJECTS, UNDERTAKINGS, LIABILITIES, \r\nEMPLOYEES, ETC. OF THE DEFUNCT WEST PAKISTAN AGRICULTURAL \r\nDEVELOPMENT CORPORATION \r\n27. Transfer of assets, etc. , of the defunct West Pakistan Agricultural \r\nDevelopment Corporation .– Notwithstanding any arrangeme nts made to \r\nadminister the business, projects, undertakings and properties of the Supply Wing of \r\nthe defunct West Pakistan Agricultural Development Corporation in pursuance of the \r\nWest Pakistan Agricultural Development Corporation (Dissolution) Order , 1972 (P.O. \r\nNo. 5 of 1972), as from the coming into force of this Act– \r\n(a) all business, projects, undertakings, and properties of the Supply Wing \r\nof defunct West Pakistan Agricultural Development Corporation \r\ntransferred to and vesting in the Punjab Province in accordance with \r\nthe Order of the President notified, -- vide Government of Pakistan, \r\nMinistry of Food and Agriculture Notification No. S.R. 796 (1)/73, dated \r\n2nd June, 1973, shall stand transferred to the Corporation; \r\n(b) all debts, liabilities and obligations incurred, contracts entered into, and \r\nmatters and things engaged to be done by, with or for, and all suits and \r\nother proceedings by or against the Supply Wing of the West Pakistan \r\nAgricultural Development Corporation to the extent such debts, \r\nliabilities and obligations stand transferred to the Punjab Province in \r\naccordance with the President’s Order referred to in clause (a) and in \r\nso far as the contracts, matters and things, suits and other proceedings \r\narise out of the business, projects, undertaking s and properties so \r\ntransferred to the Punjab Province shall be deemed to be debts, \r\nliabilities and obligations incurred, contracts entered into or, as the \r\ncase may be, matters and things engaged to be done by, with or for \r\nand suits and other proceedings by or against the Corporation. \r\nExplanation– The expressions “projects”, “undertakings” and “properties”, as used \r\nin this section shall have the same meanings as are assigned to them in the West \r\nPakistan Agricultural Development Corporation (Dissolution) order 1972. \r\n28. Officers and employees of the defunct West Pakistan Agricultural \r\nDevelopment Corporation .– Officers and other employees of the defunct West \r\nPakistan Agricultural Development Corporation to be transferred to the Punjab \r\nProvince in pursuance of the provisions of the West Pakistan Agricultural \r\nDevelopment Corporation (Dissolution) Order, 1972, may be appointed for service \r\nunder the Corporation on such terms and conditions as may be determined by \r\nGovernment. \r\n29. Repeal.– The Punjab Agricultural Sup plies Corporation Ordinance, 1973 \r\n(Punjab Ordinance No. X of 1973), is hereby repealed.", "passage_offset_convention": "zero-based Unicode code points and UTF8 bytes; end exclusive", "passages": [ { "passage_id": "law:punjab-code-9335050313648031:sha256:5d46626ea45584ef7c47f6004b0d0881489cbe3baec6dae8f1e1f4d29357ea06:chars-0-1787:d00fe91d56d73a851042d7968045783fa5a670bbd06c8f359cb2dc3135a5a148", "character_start": 0, "character_end": 1787, "utf8_byte_start": 0, "utf8_byte_end": 1787, "passage_sha256": "d00fe91d56d73a851042d7968045783fa5a670bbd06c8f359cb2dc3135a5a148", "reader_fragment": "p-0-1787-d00fe91d56d73a85" }, { "passage_id": "law:punjab-code-9335050313648031:sha256:5d46626ea45584ef7c47f6004b0d0881489cbe3baec6dae8f1e1f4d29357ea06:chars-1787-3576:bfe24acbf7b9cea32ea6b7fbfac47f15d1bcf2f9477476c53c53f71dd84c88c4", "character_start": 1787, "character_end": 3576, "utf8_byte_start": 1787, "utf8_byte_end": 3610, "passage_sha256": 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