CHAPTER VIII
FUND, ACCOUNTS AND AUDIT
24. NADRA Fund.—(1) There shall be formed a nonlapsable fund vesting in the Authority to be
known as the "NADRA Fund" for the purpose of meeting charges in connection with the functions
and operations of the Authority under this Ordinance, including payment of salaries and other
remuneration payable to the Chairman, members, Registration Officers, members of its staff, experts,
consultants, advisers and other officers and employees of the Authority.
(2) There shall be placed to the credit of NADRA Fund, all funds received by the Authority from
which the Authority can incur expenditure related to its functions and operations, including—
(a) grants made by the Federal Government or any Provincial Government or local authority;
(b) funds provided by the Federal Government or any Provincial Government or local
authority;
(c) loans obtained from the Federal Government or any Provincial Government or local
authority;
(d) other loans obtained by the Authority;
(e) foreign aid, grants and loans negotiated and raised, or otherwise obtained, by the
Authority;
(f) fees and other sums charged for the provision of services and other transactions,
operations and matters, etc. including fees or other sums charged for registration, or
received for or in relation to the issuance or renewal of cards, or for the provision of any
information or report, automated or otherwise, to any governmental, private or any other
person or entity, etc;
(g) income from the sale of movable or immovable property;
(h) funds from floating bonds, shares, debentures, commercial papers, modarbas or other
securities issued by the Authority or through any other means; and
(i) all other sums received by the Authority.
(3) The NADRA Fund shall be kept in one or more accounts maintained by the Authority in local
or foreign currency in any scheduled bank in Pakistan and shall be operated in accordance with
regulations of the Authority.
(4) Notwithstanding anything contained in this Ordinance or any rules or regulations made
thereunder, all charges in connection with the functions and operations of the Authority under this
Ordinance, except such functions and operations as are envisaged to be funded by any Provincial
Government or local authority or as may be notified by the Authority to the
Page 17 of 28
Select target paragraph3
Connect to a paragraph
Connect to an entity
Disable highlights
Add to table of contents