Zafar calls govt. to take measures for early promulgation of new rent control act

Islamabad: The senior central leader of Pakistan Muslim League Nawaz and former Senator Syed Zafar Ali Shah has called upon the government to take measures for the early promulgation of new rent control act in Islamabad to meet the long-standing demand of the traders of federal capital.

He said this while exchanging views with Muhammad Naveed, Senior Vice President, Islamabad Chamber of Commerce & Industry during his visit to Chamber House.

Syed Zafar Ali Shah said that traders of Islamabad have been demanding since long for new rent law but long delay in its enactment had created frustrations in them. He stressed that the current government should arrange the passage of amended bill of rent law from the parliament and enforce it in its current tenure so that traders of Islamabad could take a sigh of relief.

He said for promoting business activities, traders needed peaceful and secure environment and added that the promulgation of new rent law would help in realizing these objective.Speaking at the occasion, Muhammad Naveed, Senior Vice President, Islamabad Chamber of Commerce & Industry said that in consultation with all the stakeholders, an amended bill of rent law for Islamabad was prepared and presented long time ago in the National Assembly.

However, no action has been taken so far to pass the said bill into law and delay in its enactment was creating frustrations in the trading community. He said that Prime Minister of Pakistan in a meeting with local business leaders had assured that he would use his influence for the passage of amended bill of rent law from the parliament, but so far nothing has been done in this regard. He appealed to the PM to honor his promise.

Nisar Mirza, Vice President ICCI stressed that government should pass the bill into law without wasting further time so that traders could promote business activities with a sense of security and peace of mind. He also thanked Syed Zafar Ali Shah for lending support to this important cause of the trading community.

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