EXPORT PROCESSING ZONES AUTHORITY (AMENDMENT) ACT, 2023

ACT NO. XXXVI OF 2023

An Act further to amend the Export Processing Zones Authority Ordinance, 1980

[Gazette of Pakistan, Extraordinary, Part-I, 3rd July, 2023]

No. F. 23(31)/2023-Legis.–The following Act of Majlis-e-Shoora (Parliament) received the assent of the President on the 27th June, 2023 is hereby published for general information:-

WHEREAS it is expedient further to amend the Export Processing Zones Authority Ordinance, 1980 (IV of 1980) for the purposes hereinafter appearing;

It is hereby enacted as follows:–

  1. Short title and commencement.–(1) This Act may be called the Export Processing Zones Authority (Amendment) Act, 2023.

(2) It shall come into force at once.

  1. Amendment of Section 2, Ordinance IV of 1980.–In the Export Processing Zones Authority Ordinance, 1980 (IV of 1980), hereinafter referred to as the Said Ordinance, in Section 2,–

(a)      after paragraph (d), the following new paragraph shall be inserted, namely:-

“(da)   “Export Processing Zone developer and operator means a company incorporated in Pakistan which has entered into an agreement with Authority for the development and operations of Private and Public Participated Export Processing Zones.”

(b)      for paragraph (k), the following shall be substituted, namely:-

“(k)     “Zone” means such area as the Federal Government may, by notification in the official Gazette, declare to be a Zone Including Private and Public Participated Export Processing Zones for the purposes of this Ordinance.”

  1. Insertion of Section 9A, Ordinance, IV of 1980.–In the said Ordinance, after Section 9, the following new section shall be inserted, namely:–

9A. Establishment of Private and Public Participated Export Processing Zones.–(1) The Authority may, with the approval of the Federal Government establish Private and Public Participated Export Processing Zones:

Provided that existing industry or industries, as the case may be, subject to fulfillment of criteria, may be declared part of a Private and Public Participated Export Processing Zone:

Provided further that the Private and Public Participated Export Processing Zones may be established in the area contiguous to the industry or industries so declared under sub-section (1).

(2) The Private and Public Participated Export Processing Zones established under sub-section (1) shall operate subject to such terms approved by the Federal Government.