Section 2: Definitions

Plain-Language Summary

A general explanation to aid understanding. The official statutory text appears below.

This section defines the following terms used in The National Logistics Corporation Act, 2023: • Board — the National Logistics Board constituted under section 6 of this Act • Chairperson — the Chairperson of the Board, appointed by the Government • Corporation — the National Logistics Corporation, established under section 3 of this Act • Director General — the chief executive of the Corporation, appointed under section 11 of this Act • Fund — the fund established under section 13 of this Act • Infrastructure Development — services provided by the Corporation, directly or indirectly, on commercial basis or otherwise, for the purpose of developing infrastructure, including building darns, mining, tunneling, hospitals, etc • Logistics — services provided by the Corporation, directly or indirectly, on commercial basis or otherwise, for the purpos e of acquiring, procuring, receiving, collecting, transporting, storing, distributing and tendering inter -modal and multi-modal logistics services, operating as, inter alia, multi-party service provider including any up-gradation thereof, cargo agent, cour ier, transporter, freight forwarder, cargo consolidation, and management of dry ports as well as terminal operation; (viii) “Logistics Management” means logistics activities, which include inter alia, e-commerce, domestic and international transportation management, logistics parks, fleet management, shipment, warehousing, material handling, logistics network design, inventory management, supply and demand planning, and management of third-party logistics services providers, supply chain management, commuter logistics, logistics engineering and training etc • Member — member of the Board • Multimodal — multiplicity of mediums available for transportation, i.e. by air, sea, rail, land, pipelines, or any other medium • OIC — the officer in-charge of the Corporation, serving as the Quartermaster General of Pakistan Army • Prescribed — prescribed by the rules, regulations, and policies made under this Act; (xiii) “Regulations” means regulations made under this Act; and • Rules — the rules made under this Act. CHAPTER-II ESTABLISHMENT OF NATIONAL LOGISTICS CORPORATION This is the official statutory text, shown as written — it is not a paraphrase or a legal opinion. Consult a verified lawyer to see how it applies to your specific situation.

2. Definitions.—In this Act, unless there is anything repugnant in the subject or context,— (i) “Board” means the National Logistics Board constituted under section 6 of this Act; (ii) “Chairperson” means the Chairperson of the Board, appointed by the Government; (iii) “Corporation” means the National Logistics Corporation, established under section 3 of this Act; (iv) “Director General” means the chief executive of the Corporation, appointed under section 11 of this Act; (v) “Fund” means the fund established under section 13 of this Act; (vi) “Infrastructure Development” means services provided by the Corporation, directly or indirectly, on commercial basis or otherwise, for the purpose of developing infrastructure, including building darns, mining, tunneling, hospitals, etc.; (vii) “Logistics” means services provided by the Corporation, directly or indirectly, on commercial basis or otherwise, for the purpos e of acquiring, procuring, receiving, collecting, transporting, storing, distributing and tendering inter -modal and multi-modal logistics services, operating as, inter alia, multi-party service provider including any up-gradation thereof, cargo agent, cour ier, transporter, freight forwarder, cargo consolidation, and management of dry ports as well as terminal operation; (viii) “Logistics Management” means logistics activities, which include inter alia, e-commerce, domestic and international transportation management, logistics parks, fleet management, shipment, warehousing, material handling, logistics network design, inventory management, supply and demand planning, and management of third-party logistics services providers, supply chain management, commuter logistics, logistics engineering and training etc.; (ix) “Member” means member of the Board; (x) “Multimodal” means multiplicity of mediums available for transportation, i.e. by air, sea, rail, land, pipelines, or any other medium; (xi) “OIC” means the officer in-charge of the Corporation, serving as the Quartermaster General of Pakistan Army; (xii) “Prescribed” means prescribed by the rules, regulations, and policies made under this Act; (xiii) “Regulations” means regulations made under this Act; and (xiv) “Rules” means the rules made under this Act. CHAPTER-II ESTABLISHMENT OF NATIONAL LOGISTICS CORPORATION

Effective date: 2023-08-07

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