In Foreign Exchange,
FOR TRANSFER OF TECHNOLOGY PAYMENT OF ROYALTY/TECHNICAL
FEE TO THE FOREIGN COLLABORATORS
of Authorized Dealers in invited to F.E.
Circular No. 101 dated the 23rd December, 1992
and No. 7 dated the 20th
January, 1993 regarding payments of Royalty/Technical
Fee to the foreign collaborators.
2. It has been further decided
to amend F.E. Circular No.101
of 1992 as under:-
appearing in the "Note" after the word "allowed"
and before the words " for simple" may be deleted:-
(iv) may be added after
Sub-para 10.(a). (III) (iii):-
iv) "The applicant
company must be incorporated and operating in Pakistan."