Rule · SECP · 19 Oct 2012

S.R.O. No.1317 of 2012

The Securities and Exchange Commission of Pakistan delegates the powers and functions conferred under sub-section (1) of section 162 of the Insurance Ordinance, 2000 to the Commissioner (Insurance). The Chairman of the Commission exercises these delegated powers and functions concurrently.

PakistanSecurities and Exchange Commission of Pakistan

SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.-

Islamabad, October 19 2012

NOTIFICATION

S.R.O. 1317 (I)/2012.- In exercise of the powers conferred by section 10 of the Securities and Exchange Commission of Pakistan Act, 1997 (XLVII of 1997) (the Act), read with clause (r) of sub-section (4) of section 20 thereof, the Securities and Exchange Commission of Pakistan, subject to such conditions and limitations as it may from time to time impose, hereby delegates the powers and functions conferred under sub-section (1) of section 162 of the Insurance Ordinance, 2000 (XXXIX of 2000) to the Commissioner (Insurance).

The powers and functions delegated herein-above shall be exercised by the Chairman concurrently.

No. ID/Lit/draft Notification/12

( Bushra Aslam )
Secretary to the Commission

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Annotations and obligations

2 definitions

Definition / condition 2
background, boilerplate

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it

The links and the sentences they come from (2)

Issued under

Insurance Ordinance, 2000 (XXXIX of 2000)Not in RegAlert
“delegates the powers and functions conferred under sub-section (1) of section 162 of the Insurance Ordinance, 2000 (XXXIX of 2000)”
Securities and Exchange Commission of Pakistan Act, 1997 (XLVII of 1997) (the Act)Not in RegAlert
“In exercise of the powers conferred by section 10 of the Securities and Exchange Commission of Pakistan Act, 1997 (XLVII of 1997) (the Act), read with clause (r) of sub-section (4) of section 20 thereof”