Traders demand promulgation of rent control act through ordinance

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Local traders have called upon the government to urgently promulgate a balanced rent control act in the federal capital through an ordinance as the absence of such a law in Islamabad is creating problems for tenants.

Addressing a meeting of traders, Traders Action Committee Secretary Information Khalid Chaudhry said that traders of the federal capital have been demanding for promulgation of a new rent law in Islamabad for a long time in order to facilitate the tenants and landlords. This is because the existing law is totally skewed in favour of landlords due to which the tenant’s traders always feel insecure.

He said ICCI sub-committee for traders in consultation with stakeholders had prepared a consensus draft of a new rent law, which is lying in standing committee of National Assembly for debate since long. National Assembly member Mian Abdul Mannan made efforts and processed law proposal as a private bill, he said.

Khalid Choudhary also said that during the election campaign, all parties had made promulgation of a new rent law act in Islamabad as a part of their manifestoes. “But now, MNA’s of both political parties adopted complete silence on this important matter, which is creating concerns in stakeholders,” he added.

He stressed for urgent promulgation of new rent control act in Islamabad through an ordinance and appealed for putting in abeyance the present cases in court for expulsion of traders till the promulgation of the new law.