The Ordinance shall come into force at once.
Text of the Ordinance is as under:
"Whereas is expedient to further amend the Regulation of Generation Transmission and Distribution of Electric Power Act, 1997 (XL of 1997) for the purposes here in after appearing;
And whereas the National Assembly is not in session and the President is satisfied that circumstances exist which render it necessary to take immediate action.
In exercise of the powers conferred by clause (1) of Article 89 of the Constitution of the Islamic Republic of Pakistan, the President is pleased to make and promulgate the following Ordinance: 1- Short title and commencement:- (1) This Ordinance may be called the Regulation of Generation, Transmission and Distribution of Electric Power (Amendment Ordnance. 2009. (2) It shall come into force at once 2. Amendments of section 31, Act XL of 1997:- In the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997 (XL of 1997) in section 31. (a) In sub-section (1), for the full stop, at the end, shall substituted and thereafter the following proviso shall be added namely.
Provided that the Authority shall on quarterly basis, determine overall electricity tariff and intimate the same to the Federal Government for notification in the official Gazette. (b) in sub-section (4):- (i) for the word "Authority", at the end,, the words, brackets figure and letter "Authority within a period of fifteen days of such intimation except where the Federal Government refers the matter to the Authority for reconsideration under sub-section (4A)" shall be substituted; and (ii) for the first and second proviso the following shall be substituted, namely:- "Provided further that the Authority shall on a monthly basis and not later than a period of seven days review the fuel charges in the approved tariff on account of any variation whatsoever and notify such revision in the official Gazette for the purposes of approved tariff applicable with effect from the said notification"; and (c) after sub-section (4) amended as aforesaid, the following new sub-sections shall be inserted, namely:- "(4A) The Federal Government may, as soon as possible but not later than fifteen days of receipt of the Authority's intimation, require the Authority to reconsider its determination of tariff, rates, charges and other terms and conditions made under sub-section (1) and the Authority shall reconsider and determine the same anew within a period of fifteen days from the date of the reference by the Federal Government. (4B) Within three days of the expiry of the period available to the authority under sub-section (4A), the Federal Government shall notify in the official Gazette:- (a) The tariff reconsidered and determined by the Authority under sub-section (4A), if available; or (b) Where the Authority has not concluded the reconsideration, the tariff determined by the Authority has not concluded the reconsideration, the tariff determined by the Authority under sub- section(1). (4C) Notwithstanding any thing contained int his section, the Authority shall continue to conclude its reconsideration under sub- section(4A) and the effect of such reconsideration shall be adjusted by the Authority int he traffic rates, charges or other terms and conditions determined by it under sub-section(1) for the subsequent period".Copyright APP (Associated Press of Pakistan), 2009