Amendment status not verified — confirm the current text below against the official source.
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.