The First Counsel

The Working Library

Recent Legislation Tracker.

The instruments that matter to companies and their counsel — statuses maintained, each with the firm's working note. The tracker's credibility is its accuracy; every status carries an as-of date.

InstrumentYearStatusNoteAnalysis
Digital Nation Pakistan Act, 20252025In forceCreates the National Digital Commission and the Pakistan Digital Authority to drive a national digital masterplan covering digital identity, digital economy and digital government.Our analysis
Prevention of Electronic Crimes (Amendment) Act, 20252025In forceAmends PECA 2016 to criminalise the intentional spread of false information online and to create a new social-media regulator, complaint council, tribunals and investigation agency.Our analysis
Virtual Assets Regulatory Framework, 20252025In forceEstablishes the Pakistan Virtual Assets Regulatory Authority and a licensing regime for virtual asset service providers, ending years of unregulated status for crypto activity in Pakistan.Our analysis
Constitution (Twenty-Sixth Amendment) Act, 20242024AmendedRestructured judicial appointments, fixed the Chief Justice's tenure and created constitutional benches — an architecture partly reworked by the Twenty-Seventh Amendment in late 2025.Our analysis
National Accountability (Amendment) Acts, 2022–242024In forceA series of amendments to the National Accountability Ordinance, 1999 that narrowed NAB's jurisdiction, set a Rs 500 million threshold and reworked arrest, bail, remand and trial procedure.Our analysis
Punjab Defamation Act, 20242024In forceReplaces the 2002 defamation law in Punjab with a civil tribunal regime, preliminary damages awards without proof of actual loss, and a special forum for constitutional office-holders.Our analysis
Online Content Rules under PECA (Removal & Blocking Rules lineage)2021In forceSubordinate rules under section 37 of PECA 2016 governing the removal and blocking of online content and imposing registration and compliance duties on social media companies.Our analysis
Special Technology Zones Authority Act, 20212021In forceEstablishes the Special Technology Zones Authority and a regime of designated technology zones carrying ten-year tax and customs incentives for zone developers and zone enterprises.Our analysis
SBP AML/CFT & Fit-and-Proper Frameworks2020In forceThe State Bank's AML/CFT/CPF Regulations and Fit and Proper Test criteria — customer due diligence, sanctions screening and reporting duties for banks, and vetting of their sponsors, directors and senior management.Our analysis
Listed Companies (Code of Corporate Governance) Regulations2019In forceSECP regulations setting board composition, committee and disclosure requirements for companies listed on the Pakistan Stock Exchange, on a mandatory plus comply-or-explain basis.Our analysis
Benami Transactions (Prohibition) Act, 20172017In forceProhibits holding property in another person's name to conceal beneficial ownership, with confiscation of the property and imprisonment as consequences.Our analysis
Companies Act, 20172017AmendedThe principal statute governing incorporation, management and regulation of companies in Pakistan, administered by the SECP; it replaced the Companies Ordinance, 1984.Our analysis
Elections Act, 20172017AmendedThe consolidated federal election law — electoral rolls, delimitation, conduct of elections, political parties and election disputes — administered by the Election Commission of Pakistan.Our analysis
Limited Liability Partnership Act, 20172017In forceCreates the limited liability partnership — a body corporate with partnership flexibility — registered and regulated by the SECP as an alternative to general partnerships and private companies.Our analysis
Right of Access to Information Act, 20172017In forceThe federal freedom-of-information law under Article 19A — it gives citizens access to the records of federal public bodies, enforced by the Pakistan Information Commission.Our analysis
Futures Market Act, 20162016In forceThe statute governing futures markets in Pakistan — it licenses futures exchanges, clearing houses, brokers and advisers, and prohibits unlicensed futures trading.Our analysis
Securities Act, 20152015In forceThe principal capital-markets statute — it governs public offers of securities, licenses exchanges, depositories and brokers, and creates the insider trading and market manipulation offences.Our analysis
Industrial Relations Act, 20122012In forceThe federal industrial relations statute — it governs trade unions, collective bargaining and unfair labour practices in the Islamabad Capital Territory and in trans-provincial establishments, through the National Industrial Relations Commission.Our analysis
Arbitration Act, 1940 & Recognition and Enforcement Act, 20112011In forceThe 1940 Act governs domestic arbitration; the 2011 Act gives effect to the New York Convention on arbitration agreements and foreign arbitral awards.Our analysis
Anti-Money Laundering Act, 20102010AmendedPakistan's core anti-money-laundering statute — defines the offence of money laundering, requires reporting of suspicious transactions and empowers the Financial Monitoring Unit.Our analysis
Competition Act, 20102010In forceProhibits cartels, abuse of dominance and deceptive marketing, and requires prior clearance of mergers from the Competition Commission of Pakistan.Our analysis
Punjab & Sindh Rented Premises Laws2009In forceThe Punjab Rented Premises Act, 2009 and the Sindh Rented Premises Ordinance, 1979 govern urban landlord-tenant relations — tenancy agreements, rent, and eviction — in Pakistan's two largest provinces.Our analysis
Financial Institutions (Recovery of Finances) Ordinance, 20012001AmendedThe special regime for recovery of finances by banks and financial institutions from customers — summary suits before Banking Courts, restricted leave to defend, and a mortgagee's power of sale.Our analysis
Income Tax Ordinance, 20012001AmendedThe principal federal income tax statute, administered by the Federal Board of Revenue and amended every year by the Finance Act.Our analysis
Trade Marks Ordinance, 20012001In forcePakistan's trade mark statute — it provides for registration, opposition, infringement and licensing of trade marks, including service marks, administered through the Trade Marks Registry under IPO-Pakistan.Our analysis
Insurance Ordinance, 20002000In forceThe principal insurance statute — it governs the registration, capital, solvency and conduct of insurers, regulates agents and brokers, and creates the Insurance Tribunals and the Insurance Ombudsman.Our analysis
Patents Ordinance, 20002000AmendedPakistan's patent statute — it provides for the grant, opposition, revocation and enforcement of patents with a twenty-year term, administered by the Patent Office under IPO-Pakistan.Our analysis
Sales Tax Act, 19901990AmendedLevies federal sales tax on the supply and import of goods, currently at a standard rate of 18 per cent, with registration, invoicing and input tax rules.Our analysis
Qanun-e-Shahadat Order, 19841984In forcePakistan's law of evidence — it replaced the Evidence Act, 1872 and governs relevance, proof, witnesses, and documents in every court.Our analysis
Customs Act, 19691969AmendedGoverns the levy of customs duties, import and export procedure, valuation and classification, and smuggling offences and their adjudication.Our analysis
Land Revenue Act, 19671967AmendedThe West Pakistan-era statute, continued and amended by each province, that governs land records, mutations, revenue officers, partition of holdings, and recovery of dues as arrears of land revenue.Our analysis
Banking Companies Ordinance, 19621962In forceThe principal statute regulating banks in Pakistan — licensing, permitted business, State Bank supervision, enforcement, and resolution of banking companies.Our analysis
Copyright Ordinance, 19621962AmendedPakistan's copyright statute — it protects literary, dramatic, musical and artistic works, films and sound recordings, including computer programs, with civil remedies and criminal offences for infringement.Our analysis
Foreign Exchange Regulation Act, 19471947AmendedControls dealings in foreign exchange, payments to and from non-residents and the movement of currency, administered by the State Bank of Pakistan.Our analysis
Code of Civil Procedure, 19081908In forceThe procedural code for civil litigation in Pakistan — how suits are filed, tried, decided, appealed, and executed.Our analysis
Code of Criminal Procedure, 18981898AmendedThe procedural spine of Pakistani criminal justice — FIRs, investigation, arrest, bail, trial, appeal, and revision.Our analysis
Transfer of Property Act, 18821882In forceThe general law on transfers of immovable property between living persons — sale, mortgage, lease, exchange, and gift.Our analysis
Specific Relief Act, 18771877In forceCodifies the remedies a Pakistani civil court can grant — possession, specific performance, rectification, cancellation, declarations, and injunctions.Our analysis
Contract Act, 18721872In forceThe general law of contract in Pakistan — formation, performance, breach, and the specific contracts of indemnity, guarantee, bailment, and agency.Our analysis
Pakistan Penal Code, 18601860AmendedPakistan's general criminal code — it defines offences and punishments, from offences against the person and property to fraud, forgery, and public order.Our analysis

Statuses reflect the firm’s reading as of the date on each entry and are verified before publication. This tracker is information, not advice.

Every matter begins with a first conversation.

Contact the Firm