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10

Federal Government to amend Schedule

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:- 10. Federal Government to amend Schedule.--The Federal Government may, by notification in the official Gazette; amend the Schedule in conformity with any amendments to the provisions, of the Convention set out therein which may hereafter be duly made and adopted.