According to the PERA Force Laws, the PERA Fund primarily consists of money received from the Government and other approved receipts as prescribed under the Act. This includes funds allocated by the Provincial Government, amounts received through enforcement actions, fees,... Read More
According to the PERA Force Laws, the PERA Fund primarily consists of money received from the Government and other approved receipts as prescribed under the Act. This includes funds allocated by the Provincial Government, amounts received through enforcement actions, fees, fines, rents, and any other lawful income credited to the Authority’s account.
The inclusion of government grants and approved receipts ensures that the Authority maintains financial stability while also utilizing revenue generated through its regulatory and enforcement functions. Such an arrangement reflects the dual nature of the Fund—partly supported by the Government and partly self-sustained through lawful collections under the Act.
All receipts are deposited into the PERA Fund, which is managed by the Authority to cover administrative costs, enforcement expenses, capacity-building programs, and operational improvements. The financial operations of the Fund are conducted according to provincial financial rules, ensuring complete transparency and audit compliance.
By defining the Fund’s sources clearly, the PERA Force Laws ensure there is no misuse or ambiguity regarding its financing. The Authority’s ability to utilize both government-provided resources and its own receipts enhances its independence and capacity to perform enforcement duties effectively.
In summary, under the PERA Force Laws, the PERA Fund mainly consists of money provided by the Government and other approved receipts, establishing a strong, accountable financial foundation for regulatory and enforcement activities.
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