Section 36O: Removal, resignation and vacancies — Securities and Exchange Commission of Pakistan Act, 1997

Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.

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36O. Removal, resignation and vacancies.—(1) Subject to subsection (2), appointment of any member of AOB may, at any time, be revoked and he may be removed from his office subject to such procedure as may be specified. (2) A member of AOB may at any time resign his office by a written notice addressed to the chairman of AOB. (3) The office of a member of AOB shall ipso facto stand vacated if he dies. (4) Any vacancy created as a result of removal, resignation or death of a member of AOB shall be filled on the recommendation of the nominating committee.

Effective date: 1997-01-01

Related sections

Section 36N: Disqualification of members. No person shall be appointed or continue as a member of Section 36P: Fund of AOB Section 36M: Disclosure of interest Section 36Q: Conduct of business of AOB. AOB shall observe such procedure as may be specified to Section 36L: Appointment of employees of AOB Section 36R: Accounts and Audit

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