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9

Power to make rules

Act: Arbitration (International Investment Disputes) Ordinance 2009

Section Provisions

ORDINANCE XLII OF 2009 ORDINANCE XLII OF 2009 ARBITRATION (INTERNATIONAL INVESTMENT DISPUTES) ORDINANCE, 2009 An Ordinance to implement the International Convention on the Settlement of Investment Disputes between States and Nationals of other States [Gazette of Pakistan, Extraordinary, Part I, 26th November, 2009] No.2 (I)12009-Pub., dated 26-11-2009.--The following Ordinance promulgated by the President is hereby published for general information: Whereas, Pakistan has signed and ratified the International Convention on the Settlement of Investment Disputes between States and Nationals of Other States; And whereas, the National Assembly is not in session and the President is satisfied that circumstances exist which render it necessary to take immediate action; Now, therefore, in exercise of the powers conferred by clause (1) Article 89 of the Constitution of the Islamic Republic of Pakistan, the President is pleased to make and promulgate the following Ordinance:- 9. Power to make rules.--The Federal Government may make rules-- (a) to prescribe the procedure for applying for registration of an award under this Ordinance, and to require the applicant to give prior notice of his intention to register to other parties; (b) to prescribe matters to be proved on the application and the manner of proof, and in particular to require the applicant to furnish a copy of the award certified pursuant to the Convention; (c) to provide for the service of notice of registration of the award by the applicant on other parties; (d) to provide for the stay of execution whether provisionally or otherwise of any award registered under this Ordinance in accordance with the provisions of the Convention; and (e) on any other matter which may be necessary to carryout the purposes of this Ordinance.