GOVERNMENT OF PAKISTAN
MINISTRY OF LAW, JUSTICE, HUMAN RIGHTS AND PARLIAMENTARY AFFAIRS
(LAW, JUSTICE AND HUMAN RIGHTS DIVISION)

F.No.2(1)/2000-Pub. Islamabad, the 28th September,2000

The following Ordinance made by the President
is hereby published for general information

ORDINANCE NO;LII OF 2000

An
Ordinance 
to provide for the establishment of the Privatisation Commission
WHEREAS it is expedient to provide for the establishment of the Privatisation Commission for implementing the privatisation policy of the Federal Government and to
provide for matters connected therewith or incidental thereto;
WHEREAS the Federal Government is carrying out a programme of privatisation;
WHEREAS it is expedient to provide for a fair and transparent process of privatisation to secure transactions resulting therefrom;
WHEREAS it is expedient to provide for the utilization of the proceeds of privatisation for the retirement of Federal Government debt and for poverty alleviation
WHEREAS it is expedient to provide for an expeditious mechanism to resolve all disputes relating to privatisation;
WHEREAS the National Assembly and the Senate stand suspended in pursuance of the Proclamation of Emergency of the fourteenth day of October, 1999, and the Provisional Constitution Order No. 1 of 1999;
AND WHEREAS the President is satisfied that circumstances exist which render it necessary to take immediate action;
NOW, THEREFORE, in pursuance of the aforesaid Proclamation of the fourteenth day of October, 1999, and Provisional Constitution Order No.1 of 1999, as well as Order No. 9 of 1999, and in exercise of all powers enabling him in that behalf, the President of the Islamic Republic of Pakistan is pleased to make and promulgate the following Ordinance.-