Section 74, The Public-Private Partnership Act, 2010

(1) The Public Procurement Act, 2004 is amended by theinsertion of the following subsection at the end of section 1:– “(6) This Act shall not apply to public-private partnership transactions made under the Public-Private Partnership Act, 2010.” (2) The National Commission for Privatization Act, 2002 is amended as follows:– (a) section 10 is repealed and replaced as follows:– “10. The object for which the Commission is established is to develop policies for recommendation to the Government with regard to the divestiture of public enterprises. ”; (b) sections 11, 13 and 14 are repealed; (c) section 17 is repealed and replaced as follows:— “17. The Executive Secretary shall be responsible for assisting the Commission in developing the policy recommendations referred to in section 10.”; (d) sections 20, 21, 22, 23, 24, 25 and 26 are repealed; (e) section 32(1) is repealed; and (f) the First Schedule, the Second Schedule and the Third Schedule are repealed.