Rule · SECP · 1 Nov 2019

SRO 1284 (I)/2019 Amendments in the Share Registrars and Ballotters Regulations, 2017

The Securities and Exchange Commission of Pakistan deletes the requirement for evidence of payment of a twenty-five thousand rupee non-refundable renewal fee from Regulation 7(1) of the Share Registrars and Ballotters Regulations, 2017. The Commission also omits the corresponding reference to the document evidencing this payment from Form C. These changes align with a fee revision directive issued by the Policy Board via S.R.O. 716(I)/2019.

PakistanSecurities and Exchange Commission of Pakistan

GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.- Islamabad, the 28 th October, 2019 NOTIFICATION S.R.O. 1284 (I)/2019. __ In exercise of powers conferred by section 169 of the Securities Act, 2015 (III of 2015), the Securities and Exchange Commission of Pakistan is pleased to make the following amendments in the Share Registrars and Ballotters Regulations, 2017, the same having been previously published vide Notification S.R.O. 749(I)/2019 dated July 05, 2019, and placed on the website of the Commission as required by sub-section (4) of the said section namely.- In the aforesaid Regulations,-

in Regulation 7, sub-regulation (1), the words “and evidence of payment of nonrefundable renewal fee of twenty five thousand rupees” shall be deleted; and
in Form C, the words “and the document evidencing payment of the renewal fee”
shall be omitted.
[*Fee revised as per the directive of Policy Board vide S.R.O. 716(I)/2019, dated 2nd July, 2019 ]

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Issued under

Securities and Exchange Commission of Pakistan Notification SRO 716 (I)/20192019 · SECP
“Fee revised as per the directive of Policy Board vide S.R.O. 716(I)/2019, dated 2nd July, 2019”
The Securities Act, 2015 (Act No. III of 2015)2015 · PK-LAW
“In exercise of powers conferred by section 169 of the Securities Act, 2015 (III of 2015)”