All
Authorised Dealers
in Foreign Exchange
Dear
Sirs,
AMENDMENT
IN FOREIGN EXCHANGE MANUAL, 1992 (7th Edition)
Consequent
upon repeal of Repeat Visit Regulations as advised vide
F.E. Circular No. 21 dated the 13th October, 2000, the following
amendments may be made in Chapter XVII - Foreign Exchange
Manual (Seventh Edition, 1992) :-
i)
Para 4(i)(a) may be changed to read as under:-
“Airlines/Shipping
Companies/Travel Agents may sell tickets to Pakistan national
resident in Pakistan against payment in Pakistan Rupees
on production of Passport and in case the traveller is
over 18 years of age also national identity card”.
ii)
Para 4(ii) have been changed as under:-
“Travel
against P.T.As / Tickets on PIA / Pakistan Shipping Companies
as well as on foreign carriers, received from abroad may
be allowed without approval of the State Bank of Pakistan”.
iii)Para
4(ii)(a), (b), (c) and (d) may be treated as deleted.
iv)Para 4(iii)(a) may be changed to read as under:-
“Travel
by employees of Airlines/Shipping Companies and their
dependents against 100% rebated/free tickets may be authorised
by the carriers concerned. Travel by persons entitled
to partly rebated tickets of PIA/Pakistan Shipping Companies
may also be authorised by the carriers concerned”.
v)Para
4(iii)(b) may also be changed to read as under :-
“Travel
against 100% rebated tickets on the inaugural flights
and travel against complimentary tickets issued under
IATA Regulations may also be allowed on foreign Airlines/Shipping
Companies without any annual limit”.
2.
Other instructions on the subject shall, however, remain
unchanged.
3.
Please bring the above changes to the notice of your constituents.
