PART II

Statutory Notifications (S.R.O.)

GOVERNMENT OF PAKISTAN

MINISTRY OF PRIVATISATION

(Privatisation Commission)

NOTIFICATION

Islamabad, the 30th July, 2009

 

S.R.O.732(I)/2009.__In exercise of powers conferred by section 40 of the Privatisation Commission Ordinance, 2000 (LII of 2000), read with section 22 and 25 thereof, the Privatisation Commission, with the approval of the Federal Government is pleased to direct that the following amendment shall be made in the Privatisation Commission (Modes and Procedures) Rules, 2001:

                 In clause (b) of rule 5, at the end the “full stop” shall be substituted by “colon” and thereafter, the following new clause shall be added, namely:----

                 “(c) transfer of Property to a trust for the employees of an enterprise owned or controlled, wholly or partially, directly or indirectly, by the Federal Government on such terms and conditions as may be approved by the Federal Government”.

 

[F.No.16(7)P&C/PC/2002.]

 

DR. ASMAT NAWAZ

Director