Amendments to Non-Banking Finance Companies and Notified Entities Regulations, 2008

GOVERNMENT OF PAKISTAN
Securities and Exchange Commission of Pakistan -.-.-.- Islamabad, the 6 th August, 2019 NOTIFICATION S.R.O. 924 (I)/2019.- In exercise of the powers conferred by sub-section (2) of section 282B of the Companies Ordinance, 1984 (XLVII of 1984), on directions of the Policy Board vide notification vide Notification SRO 685(I)/2019, dated 28 th June, 2019, the Securities and Exchange Commission of Pakistan makes the following amendments in the Non-Banking Finance Companies and Notified Entities Regulations, 2008 , the same having been previously published in the official gazette vie S.R.O. 714 (I)/2019 dated July 01, 2019 In the aforesaid Regulations, in Schedule II, in clause C, for the table and proviso, the following shall be substituted,- S. No. Head of fee Amount (in Rs.) 1 Annual Monitoring Fee to be paid by Deposit taking NBFCs. Rs. 250,000/- 2 Annual Fee for Collective Investment Schemes 0.02%* *[Revised in accordance with Policy Board directive vide SRO 685(I)/2009, dated June 28, 2019]
2. The Notification shall be effective from July 01, 2019.
No. SCD/NBFC/NBFCR/2019-
( Bushra Aslam )
Executive Director