Section 9: Payment — Esso Undertakings (Vesting) Act, 1976

Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.

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9. Payment.—The Federal Government shall pay Esso for Esso undertakings on the commencing day the sum set forth in the Agreement dated the fifteenth day of September, 1976, between the President of Pakistan and Esso, and such payment shall be made in the currencies and in the manner provided in the said Agreement.

Effective date: 1976-01-01

Related sections

Section 8: Re-organization of Government company Section 10: Provisions relating to officers and other employees of Esso undertakings Section 7: Lease Section 11: Provident Fund Section 6: Contracts Section 12: Delivery of possession of vested property

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