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Pakistan

NA passes Criminal Law (Amend) Bill, 2011

RECORDER REPORT ISLAMABAD: The National Assembly Wednesday unanimously passed “The Criminal Law (Amendment) Bill, 201
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By Imad Uddin
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national-assemblyRECORDER REPORT

ISLAMABAD: The National Assembly Wednesday unanimously passed “The Criminal Law (Amendment) Bill, 2011” to criminalise illegal business of and dealing in fake prize bonds.

 

The Bill was moved by Minister for Law and Justice Farooq H Naek in the House for passage.

 

According to objects and reasons of the Bill, the Bill seeks to criminalise illegal business of and dealing in fake prize bonds. It aims at preventing financial loss to innocent public and securing increased investment in the national saving schemes.

 

The Bill further seeks to specify the penalty and forum for the adjudication of the offence of illegal dealing in prize bonds.

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