Rule · SECP · 10 Sep 2009
The Securities and Exchange Commission of Pakistan inserts two new items into the Sixth Schedule to the Companies Ordinance, 1984. Item XIII establishes a non-refundable fee of 200,000 for applications seeking approval to issue securities outside Pakistan. Item XIV establishes a non-refundable fee of 100,000 for applications seeking approval to offer an Employees Stock Option Scheme.
Statutory Notifications (S.R.O)
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN Islamabad, September 10, 2009 NOTIFICATION S.R.O.793(I)/2009.- In exercise of the powers conferred by section 505 of the Companies Ordinance, 1984 (XLVII of 1984), read with section 470 thereof and clause (c) of section 43 of the Securities and Exchange Commission of Pakistan Act, 1997 (XLII of 1997) and SRO No. 698(I)/86 dated 2nd July, 1986, the Securities and Exchange Commission of Pakistan is pleased to make the following amendments in the Sixth
Schedule to the said Ordinance, namely:-
In the aforesaid Schedule, after the item XII, the following shall be inserted, namely:- “XIII For an application to the Commission seeking approval to issue Securities outside Pakistan, a non-refundable fee of …. 200,000/- XIV For an application to the Commission seeking approval to offer Employees Stock Option Scheme, a non-refundable fee of …………………… 100,000/-“ [F.No. SMD/Misc(Prosp)/5/2002] Sd/- ( Abdul Rehman Qureshi ) Advisor/Secretary
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“and SRO No. 698(I)/86 dated 2nd July, 1986, the Securities and Exchange Commission of Pakistan is pleased to make the following amendments”
“In exercise of the powers conferred by section 505 of the Companies Ordinance, 1984 (XLVII of 1984)”
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