GRANT-IN-AID ON ACCOUNT OF TERMINAL BENEFITS) ACT, 2016.

1. (1) This Act may be called the Punjab Privately Managed Aided Colleges (Non-Payment of Grant-in-Aid on Account of Terminal Benefits) Act, 2016. (2) It shall be deemed to have come into force on and with effect from the 21st March, 1979.

2. In this Act, unless the context otherwise requires,- (a) "Finance Department" means the Department of Finance of the State of Punjab; (b) "State Government" means the Government of the State of Punjab in the Department of Higher Education; (c) "Terminal Benefits" means the benefits payable at the time of retirement from service or otherwise; (d) "Scheme" means the Grant-in-Aid Scheme issued by the Government vide letter No. 2563-5Edu.1/79-4316 dated 21.3.1979 as amended or to be amended by the Government from time to time; and (e) "Employees" means the employees (working or retired) of the Privately Managed Aided Colleges in the State of Punjab covered under the Scheme.

3. The leave encashment and gratuity etc. being terminal benefits shall not be covered under the Scheme as expenditure of the State Government and the Government shall not be responsible to compensate any management for expenditure on account of such terminal benefits.

4. Notwithstanding anything contained in any instructions, rule or other law for the time being in force and any order or decision of any Court or of any Tribunal, all the Privately Managed Aided Colleges covered under the scheme shall not be entitled to any grant-in-aid on account of payment of the terminal benefits under the Scheme.

5. No suit and prosecution shall lie against the State Government or any officer or emplohyee of the State Government for anything, which is done or intended to be done in good faith under this Act.

6. No Civil Court shall have jurisdiction to entertain any suit or proceedings in respect of any matter arising under or connected with this Act.