The Punjab Bureau of Investment Promotion Act, 2016
Preamble
GOVERNMENT OF PUNJAB DEPARTMENT OF LEGAL AND LEGISLATIVE AFFAIRS THE PUNJAB BUREAU OF INVESTMENT PROMOTION ACT, 2016. (PUNJAB ACT 32 OF 2016) (As amended upto the 31st May, 2025) IndiaC PUNIA THE PUNJAB BUREAU OF INVESTMENT PROMOTION ACT, 2016. Section CONTENTS 1. Short title and commencement. 2. Definitions. 3. Establishment of Bureau. 4. Board of Governors. 5. Executive Committee. 6. Special Committee(s). 7. Functions of the Chief Executive Officer. 8. Powers of Bureau. 8-A. Online Portal. 8-B. Deemed clearance. 8-C. Revocation of deemed clearance. 8-D. Appeal Mechanism. 8-E. Overriding effect on other laws. 8-F. Auto renewal of clearances. 8-G. Inspections. 9. Officers and employees of the Bureau. 10.Meetings. 11.Financing of the Bureau. power to remove difficulties Code 13.Power to issue directions. 14.Power to delegate. 15.Power to make rules. 16.Merger of existing bodies. 17.Protection of action taken in good faith. 18.Saving. 19.Repeal and saving. THE PUNJAB BUREAU OF INVESTMENT PROMOTION ACT, 2016. (Punjab Act No. 32 of 2016) [Received the assent of the Governor of Punjab on the 1st day of November, 2016, and was first published for general information in the Punjab Government Gazette (Extraordinary), dated the 9th November,2016.] Year No. Short Title Whether repealed or otherwise affected by the legislation The Punjab Bureau of Investment Promotion Act, 2016. Amended by Punjab Act No. 15 of 2021 An Act to provide for expeditious clearance of investment proposals (both regulatory and fiscal) in the State of Punjab and to implement investment promotion policies that may be announced by the State Government from time to time and for the matters connected therewith or incidental thereto. BE it enacted by the Legislature of the State of Punjab in the Sixty- seventh year of the Republic of India as follows: - Short title and commencement.
Sections
Type to filter. 19 sections.
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Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Every one of the 19 sections of this Act has its own page. This page is not a substitute for legal advice.