Section 446: Issue of prospectus

446. Issue of prospectus.—No person shall issue, circulate or distribute in Pakistan any prospectus offering for subscription securities of a foreign company or soliciting deposits of money, whether the company has or has not established, or when formed will or will not establish, a place of business in Pakistan unless authorised to do so by the Commission under the relevant law or as may be specified.

Effective date: 2017-05-30

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