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5a Paragraph (2) of Article XII of the Convention
replaced vide Notification No. S.R.O. 675(K)/64, dated 24th August, 1964. The original
paragraph (2) reads as under:
(2) An individual from one of the territories, who is temporarily present in the other
territory for a period not exceeding twelve months in all as an employee of, or under
contract with, an enterprise of the first-mentioned territory or an organisation referred
to in paragraph (1), solely to acquire technical, professional or business experience from
a person other than such enterprise or organization, shall be exempt from tax by such
other territory on compensation for such period in an amount not in excess of 12,000 Swiss
Francs or the equivalent thereof in Pakistan currency at the official rate of exchange
(including remuneration from such person in the first-mentioned territory.
