The Punjab Bureau of Investment Promotion Act, 2016State Act of Punjab · Act 32 of 2016
(1) There shall be established a Bureau to be known as the Punjab Bureau of Investment Promotion.
(2) The Bureau shall be a body corporate as well as an authority, having perpetual succession and a common seal. It shall have the power to acquire, hold and sell the property, both moveable and immoveable, and shall by the said name sue or be sued.
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