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[Section Index]

The Imports and Exports (Control) Act, 1950

( ACT NO. XXXIX OF 1950 )

Prohibition to sell or purchase import licence
1[4A. No person shall sell, purchase or otherwise deal in any import licence other than an import licence issued under the Export Bonus Scheme.
Explanation.- In this section “Export Bonus Scheme” means the scheme introduced by Government 2[* * *].

  • 1
    Sections 4A and 4B were inserted by section 4 of the Imports and Exports (Control) (Amendment) Ordinance, 1962 (Ordinance No. XXIX of 1962)
  • 2
    The words “of Pakistan” were omitted by section 6 of the Imports and Exports (Control) (Amendment) Act, 1975 (Act No. XXII of 1975)
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