The Protection of Economic Reforms Act, 1992

Current legal status not independently verified. Source: Pakistan Code (single official PDF, 2026-08-21). The text below is the official Pakistan Code text as retrieved; whether it is still in force, or has since been amended or repealed, has not been independently checked.

WHEREAS it is necessary to provide legal protection to these reforms in order to create confidence in the establishment and continuity of the liberal economic environment created thereby; It is hereby enacted as follows:—

• Section 1: Short title extent and commencement
• Section 2: Definitions
• Section 3: Act to Override other laws. The provisions of this Act shall have effect notwithstanding
• Section 4: Freedom to bring, hold, sell and take out foreign currency
• Section 5: Immunities to foreign currency accounts
• Section 6: Protection of fiscal incentives for setting-up of industries. The fiscal incentives for
• Section 7: Protection of transfer of ownership to private sector. The ownership, management and
• Section 8: Protection of foreign and Pakistani Investment. No foreign, industrial or commercial
• Section 9: Secrecy of Banking Transaction. Secrecy of bonafide banking transactions shall be
• Section 10: Protection of financial obligation. All financial obligations incurred including those
• Section 11: Rules. The Federal Government may make rules for carrying out the purposes of this Act
• THE SCHEDULE: THE SCHEDULE