CCLC approves Foreign Exchange Regulation (Amendment) Bill 2026

Islamabad


ISLAMABAD: The Cabinet Committee for Disposal of Legislative Cases (CCLC), chaired by Federal Minister for Law and Justice Senator Azam Nazeer Tarar, on Friday approved several legislative proposals, including the Foreign Exchange Regulation (Amendment) Bill 2026 and a legal and administrative package concerning plant protection functions.



The meeting was attended by senior officers of the relevant ministries and departments.



The committee approved a proposal regarding leave prior to retirement (LPR) in the Armed Forces, including payment in lieu of the unavailed portion of such leave.



It also approved replacing references to the Federal Government with the names of relevant competent authorities in various laws administered by the Securities and Exchange Commission of Pakistan (SECP).



The Foreign Exchange Regulation (Amendment) Bill 2026 was approved after reviewing proposed amendments to the legal framework governing penalties and financial fines for violations relating to foreign exchange.



The committee, however, deferred the draft Press Council of Pakistan Act 2026 for further consultation.



It also approved a comprehensive legal and administrative package for transferring plant protection functions to the National Agriculture Trade and Food Safety Authority (NAFSA), along with amendments to relevant plant protection rules and arrangements for the transfer of legal documents.



The approved drafts will be forwarded to the relevant forums for further proceedings.