FOREIGN INVESTMENT (PROMOTION AND PROTECTION) (AMENDMENT) ACT, 2022
ACT NO. XXXVI OF 2022
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An Act to amend the Foreign Investment (Promotion and Protection) Act, 2022
[Gazette of Pakistan, Extraordinary, Part-I, 28th December, 2022]
No. F.22(36)/2022-Legis., dated 26.12.2022.–The following Act of Majlis-e-Shoora (Parliament) received the assent of the President on the 23rd December, 2022 is hereby published for general information,–
WHEREAS it is expedient to amend the Foreign Investment (Promotion and Protection) Act, 2022 (XXXV of 2022), in the manner and for the purpose hereinafter appearing;
It is hereby enacted as follows:–
1. Short title and commencement.–This Act may be called the Foreign Investment (Promotion and Protection) (Amendment) Act, 2022.
(2) It shall come into force at once.
2. Amendment of Section 1, Act XXXV of 2022.–In the Foreign Investment (Promotion and Protection) Act, 2022 (XXXV of 2022), in Section 1, in sub-section (2), after the word “Pakistan”, the expression “but for the purpose of Balochistan Province, it shall only apply to the qualified investment of Reko Diq project as mentioned in schedules and annexures of this Act” shall be added.