1. SUBSCRIPTION AND OPERATION

REGULATION-2007 

ESTABLISHMENT OF FUND:

 (1)                After commencement of the Act the Foundation has established a Fund with the assistance of Government.

 (2)                The provision of Funds to the Foundation shall consist of :-

a)      such grants as may, from time to time, be made by Government

b)      other contribution and donations by private or public organizations;

c)       such loans and advances as may be obtained from financial institutions with the help of Government wherever necessary;

d)      contribution made by members from time to time;

e)      income and profits from investments from various sources;

f)       fees or other user charges;

g)      amounts received from sale or disposal of assets of the Foundation; and

h)      all other sums received by the Foundation and income from any other may be prescribed.

APPLICATION OF FUND:

 The amount accumulated in the Fund Account would be drawn or expended for the following purposes:

 i.                     Development of various residential projects initiated / to be initiated by the Foundation at different locations;

 ii.                   Purchase of land at different sites;

 iii.                  Incur all the operational and establishment expenses for running the affairs of the Foundation;

 iv.                 Refund of the subscribed amount deposited by the members who want to discontinue their membership;

 v.                   Invest the surplus amount over and above the Foundation’s requirements;

vi.                 Any other expenditure of the Foundation duly approved by the Board which may emerge in future.

2. APPOINTMENT AND CONDITIONS OF SERVICE REGULATION, 2008

These Regulations may be called the Sindh Civil Servants Housing Foundation (Appointment and Conditions of Service) Regulations, 2008.

Subject to the provisions of the Act, these Regulations and the Schedule / Method of recruitment prescribed for the Foundation, the Initial appointment to all posts in various grades be made on the basis of examination / test or interview to be held by the appropriate Committee after advertisement of the vacancies in newspapers and for various appointments, a separate committee is notified. 

 Following rules as amended from time to time shall apply mutatis mutandis to the employees of the Foundation: 

i)              The Sindh Removal from Service (Special Powers) Ordinance, 2001.

ii)             The West Pakistan Government Servants (Conduct) Rules, 1996.

 iii)           The Sindh Traveling Allowances Rules, 1975 as modified by the Foundation.

iv)           The Sindh Civil Servants Leave Rules, 1981 as modified by the Foundation.

The Board, the Chairman and the Managing Director may by general or special order, delegate to any officer or officers of the Foundation, any of the powers under these regulations, subject, where necessary, to such conditions as may be specified.

The Board may in individual cases of hardship or where the public interest so requires, and for reasons to be recorded in writing, relax the provision of any of these Regulations.