Business Act back on track

The Nation (7 Nov 2007)

A National Legislative Assembly (NLA) commission yesterday agreed with the definition of "control management" in the Foreign Business Act.

A Commerce Ministry source said the agreement would help the government pass the amended law during its current term.

"From now, the government will accelerate the reading process, but we cannot confirm how long the assembly will take for consideration," the source said.

If the NLA ratifies the draft, the Act will be resubmitted to the Cabinet and passed for royal endorsement and implementation.