RegAlertRule · SECP · 10 Jul 2009
Delegation of Rule Making Powers under Insurance Ordinance 2000
The Federal Government delegates to the Securities and Exchange Commission of Pakistan the powers to make rules regarding matters specified in clause (c) of sub-section (3) of section 11, sub-sections (2) and (7) of section 35, and section 14 of the Insurance Ordinance, 2000. This delegation is subject to the prior approval of the Federal Government and must follow the procedure laid down in sub-section (2) of section 167 of the Ordinance.
The Gazette of Pakistan
EXTRAORDINARY
PUBLISHED BY THE AUTHORITY
ISLAMABAD, FRIDAY, JULY 10, 2009
PART II
Statutory Notifications (S. R. O.)
GOVERNMENT OF PAKISTAN
MINISTRY OF COMMERCE
NOTIFICATION
Islamabad, the 1st July, 2009
S. R. O. 653 (I)/2009.––In exercise of the powers conferred by sub-section (2) of section 167 of the Insurance Ordinance, 2000 (XXXIX of 2000), the Federal Government is pleased to delegate to the Securities and Exchange Commission of Pakistan, established under section 3 of the Securities and Exchange Commission of Pakistan Act, 1997 (LXII of 1997), powers to make rules in respect of the matters specified in clause (c ) of sub-section (3) of section 11, sub-section (2) and (7) of section 35 and section 14 of the Insurance Ordinance, 2000 (XXXIX of 2000), subject to the prior approval of the Federal Government and as per procedure laid down in sub-section (2) of section 167 of the said Ordinance. [No. 1(31)/2009-Ins.] FAZAL-E-QADIR, Senior Joint Secretary. Reproduced by EUS For Original: Refer Gazette of Pakistan Extraordinary Part-II (Islamabad) page 3163 dated 10.07.2009 [PCP Islamabad Docket No.: 681(2009)Ex. Gaz.]
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- Insurance Ordinance, 2000 (XXXIX of 2000)Not in RegAlert
“In exercise of the powers conferred by sub-section (2) of section 167 of the Insurance Ordinance, 2000 (XXXIX of 2000)”
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