Trade Development Authority of Pakistan Act, 2013 (No. III).

This Act, consisting of 39 sections divided into eight Chapters, creates the Trade Development Authority of Pakistan under administrative control of the Ministry of Commerce. It establishes composition, duties and responsibilities of the above mentioned Authority, as body corporate have perpetual succession and common seal with powers, comprising the Chief Executive, the Secretary and officers of the Authority as determined by the Board. The Board shall be the supreme decision making body of the Authority having the power to supervise, control, direct and regulate affairs of the Authority and shall have the following functions, namely: a) to establish short, medium and long term critical success factors and key performance indicators for the Authority; b) to review performance of the Authority annually including against pre-agreed critical success factors and key performance indicators; c) to advise the Federal Government in the Ministry of Commerce; d) to consider and approve with or without modification any rules and regulations proposed to be made by the Authority under this Act; e) to consider and approve with or without modification the budget for each financial year of the Authority and approve expenditure therefrom; f) to express its opinion in writing on any policy matter referred to it by the Federal Government or the Authority; and g) to exercise all such powers and perform all such functions as are conferred or assigned to it under this Act.