Intermediaries (Registration) Regulations, 2017

Government of Pakistan
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN Islamabad, 26th July, 2017 NOTIFICATION S.R.O.705(I)/2017.- In exercise of the powers conferred by sub-section (1) of section 512 read with section 455 of the Companies Act, 2017 (XIX of 2017), the Securities and Exchange Commission of Pakistan is pleased to notify the following Intermediaries (Registration) Regulations, 2017, the same having been previous published vide notification S. R. O 424 (I)/2017 dated June 05, 2017, namely:-
CHAPTER I
Preliminary

1. Short title and commencement. - (1) These Regulations shall be called the Intermediaries
   (Registration) Regulations, 2017
   (2) They shall come into force on August 14, 2017.
2. Definitions. – (1) In these regulations, unless there is anything repugnant in the subject or
   context,-
   (i) “Act” means the Companies Act, 2017 (XIX of 2017); (ii) “annexure” means a form attached to these Regulations; (iii) “authorized intermediary” means a person registered by the Commission under these regulations and who is authorized by a company or promoters of a proposed company or a foreign company under an agreement for filing of documents on their behalf in pursuance of the Act; (iv) “Commission” means the Securities and Exchange Commission of Pakistan established under the Securities and Exchange Commission of Pakistan Act, 1997 (XLII of 1997); (v) “firm” means a practicing firm of management consultants, financial consultants, corporate consultants or tax practitioners; (vi) “registered intermediary” means a person registered by the Commission under these regulations; (vii) “regulations” means the Intermediaries (Registration) Regulations, 2017. (2) Words and expressions used but not defined in these Regulations shall have the same meaning as assigned to them in the Act, the Securities and Exchange Commission of Pakistan Act, 1997, the Limited Liability Partnership Act, 2017, and any rules made thereunder.
   CHAPTER II