Managed Cement Establishments (Payment to Corporation) Ordinance, 1979

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THE MANAGED CEMENT ESTABLISHMENTS (PAYMENT TO 
CORPORATION) ORDINANCE, 1979 
 
 
 
        
 
 
          
     CONTENTS 
                       
     PREAMBLE 
 
1 Short title, extent and commencement. 
2 Definitions. 
3 Payment by units to Corporation. 
4 Allowance to be made for amounts paid by a unit for purpose of income­tax 
5 Cement Development Fund 
6 Power to make rules 
 

 
 
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THE MANAGED CEMENT ESTABLISHMENTS (PAYMENT TO 
CORPORATION) ORDINANCE, 1979. 
 
ORDINANCE NO. II OF 1979 
[15th January, 1979] 
 
An Ordinance to provide for the payment of certain amount by managed cement establishments to 
the State Cement Corporation of Pakistan. 
 
WHEREAS it is expedient to provide for the payment of certain amount by managed 
cement establishments to the State Cement Corporation of Pakistan and for matters connected 
therewith; 
 
AND WHEREAS the President is satisfied that circumstances exist which render it 
necessary to take immediate action; 
 
NOW, THEREFORE, in pursuance of the Proclamation of the fifth day of July, 1977, read 
with the Laws  (Continuance in Force) Order, 1977, (C.M.L.A. Order No. 1 of 1977) , and in 
exercise of all powers enabling him in that behalf, the President is pleased to make and promulgate 
the following Ordinance:— 
 
 
1. Short title, extent and commencement.—(1) This Ordinance may be called the 
Managed Cement Establishments (Payment to Corporation) Ordinance, 1979. 
 
(2) It extends to the whole of Pakistan. 
 
(3) It shall come into force at once. 
 
 
2.  Definitions. In this Ordinance, unless there is anything repugnant in the subject or 
context,— 
 
(a) “Corporation” means the State Cement Corporation of Pakistan, registered 
under the   Companies Act, 1913 (VII of 1913); and 
 
(b) "unit” means a company the management of which has been transferred or 
may be transferred to  the Corporation under Article 7E of the Economic 
Reforms Order, 1972 (P.O. No. 1 of 1972), a  project and a managed 
company vested in the Corporation under section 4 of the West Pakistan  
Industrial Development Corporation (Transfer of Projects and Companies) 
Act, 1974 ( XXVIII o f 1974), and the Associated Cement vested in the 
Corporation under section 3 of the Associated  Cement (Vesting) Act, 1974 
(VII of 1975 ) or any other unit set up or controlled by the State Cement 
Corporation of Pakistan. 
 
3. Payment by units to Corporation. Every unit shall pay to the Corporation in respect of 
each metric ton     of cement produced and sold by it after the twenty­fourth  day of March, 1976, such 
amount as the Federal  Government may, by notification 1 in the official Gazette, fix; and different 
amounts may be fixed for different  periods. 
 
 4. Allowance to be made for amounts paid by a unit for purpose of income­tax.  
Notwithstanding anything contained in the 
2
[Income­tax Ordinance, 1979 ( XXXI of 1979 )] the 
amount paid by a unit to the  Corporation in pursuance of section 3 shall be an expenditure for 
which allowance is to be made in computing   profits or gains of that unit under 
2
[section 23 of that 
Ordinance]. 
1 For such notification, see S.R.O. 55(J)/80, dated 8­1­81, Gaz. of P., 1981, Ext.,Pt. II, pp. 3—12. 
2 Subs. by the Federal Laws (Revision and Declaration) Ordinance, 1981 (27. of 1981), s. 3 and Sch II. 
 
 
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5. Cement Development Fund.  The proceeds of the amounts paid by the units shall be 
credited to a fund to be known as the Cement Development Fund which shall be administered in  
such manner, and used by the Corporation in such development scheme 1[or other purposes, 
including payment of a subsidy to a unit, that may be in the interest of the cement industry owned by 
the state], as may be prescribed. 
 
6. Power to make rules. —(1) The Federal Government may, by notification in the official  
Gazette, make rules for carrying out the purposes of this Ordinance. 
 
(2) In particular and without prejudice to the generality of the foregoing power, such 
rules may provide for— 
 
 (a) the manner and time of payment by the units; and 
 
(b) the maintenance of the accounts of the Cement Development Fund, 
investment of the  Fund and its use in development schemes. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1 Ins. by the Managed Cement Establishments (Payment to Corporation) (Amdt.) Ordinance, 1982 (22 of 1982). s. 2.