Which body was established under Section 3 of the Act?

The correct answer is Punjab Enforcement and Regulatory Authority. This body is explicitly established under Section 3 of the Act, indicating its foundational role in implementing the legislation's objectives. It is the primary entity created to oversee enforcement and regulatory functions.

• Punjab Police is an existing law enforcement agency, not specifically established by this Act under Section 3.
• Local Government Board is a distinct administrative body with different functions, not the one created by this specific section of the Act.
• Market Control Authority is a generic term and does not refer to the precise body named and established in the Act.