SRO 285 (I)/2017 Directive on Funding Reporting for Associations

GOVERNMENT OF PAKISTAN
Securities and Exchange Commission of Pakistan

Islamabad, the 18th April, 2017

NOTIFICATION

S.R.O. 285 (I)/2017.— In exercise of the powers conferred under section 40B of the Securities and Exchange Commission of Pakistan Act, 1997 (XLII of 1997), the Securities and Exchange Commission of Pakistan (the Commission) hereby directs that all the associations licenced by the Commission under section 42 of the Companies Ordinance, 1984 (XLVII of 1984) (the Ordinance) and registered with the Commission, are required to provide information regarding cumulative funds received amounting to Rs.5 million or above from any single source of funding during a financial year on the format given as Annexure-A.

2. The aforementioned information shall be submitted on monthly basis within ten days from the close of every month at the email address reporting.ccd@secp.gov.pk in editable MS Excel format.

3. The requirement of this directive is not applicable to public sector companies as defined in the Public sector Companies (Corporate Governance) Rules, 2013 and licenced by the Commission under section 42 of the Ordinance.

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Annexure-A

Details of Funding

Company Name__________________________ Registration No. _________ For the Month of _______________________

S. No.	Donor Name	Donor Address	Transaction Date	Amount received	Bank Branch Name where funds are received	Bank Account No. where funds are received
				In foreign currency, if any	In Pak Rupees
				US $ etc.	equivalent in Pak Rupees

[F.No.CLD/RD/CO-42/17/2005-pt]

(Bilal Rasul)
Secretary to the Commission