What is the name of the Fund under the PERA Act?

Under the Punjab Environmental Regulatory Authority (PERA) Act, a special financial account known as the PERA Fund is established. This fund serves as the central financial pool for all receipts, fees, penalties, rents, and other amounts collected under the provisions of the PERA Force Laws. The primary objective of the PERA Fund is to ensure that financial resources are available to support enforcement operations, administrative expenses, and environmental or regulatory initiatives managed by the Authority.

The PERA Fund is maintained and operated by the Authority under strict financial regulations to ensure transparency and accountability. All money received from fines, cost recoveries, and enforcement-related charges is deposited into this fund. Expenditures from the fund are made solely for purposes consistent with the Act — such as improving enforcement infrastructure, staff training, and maintenance of Enforcement Stations.

The establishment of this fund reflects the legislature’s intent to create a self-sustaining financial mechanism for the Authority, reducing dependence on external budgets. It ensures that revenue generated through enforcement actions directly contributes to strengthening regulatory capacity.

By maintaining a dedicated PERA Fund, the Act guarantees that collected amounts are utilized responsibly and transparently, enhancing institutional efficiency and reinforcing good governance. The fund’s management and audit procedures are typically governed by provincial financial rules to maintain integrity and public confidence in the Authority’s financial operations.