Legal Practitioners and Bar Councils Act, 1973 — section 61

61. Group Insurance..—(1) The Pakistan Bar Council may from time to time arrange for the insurance of the life of such advocates of the Supreme Court who are borne on its roll as have not attained the age of sixty-five years, and a Provincial Bar Council [and Islamabad Bar Council] may likewise arrange for the insurance of the life of such advocates borne on its rolls as have not attained the age of sixty two years, and for such period as it deems fit.

(2)Where any such arrangement as has been referred to in sub-section (1) has been made by a Bar Council,

(a)it shall establish a separate Group Insurance Fund which shall vest in and be administered by the Bar Council;

(b)every advocate whose life has been insured under such arrangement shall pay to the Bar Council, annually, monthly, or at such other intervals as may be prescribed, such sum of money as the premium for the insurance of his life, as may be determined by the Bar Council;

(c)all sums received as premia under clause (b) and any interest or profit accruing thereon shall be credited into the Group Insurance Fund of the Bar Council;

(d)all expenses incurred by the Bar Council on the arrangements with an Insurance Company or other insurer and on the administration of the Group Insurance Fund shall be defrayed from such Fund; and

(e)any sums remaining in such fund after defraying the expense referred to in clause (d) may be utilized for such purposes connected with the welfare of advocates as may be prescribed.

(3)The provisions of sub-section (4) of Section 34 shall apply to the insurance premia required to be paid under clause (d) of sub-section (2), as if such premia were an annual fee or instalment of a fee payable under that section.