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.

Discuss this provision with AI

37. Power to make regulations.—(1) The Board may, by notification in the official Gazette, make regulations, not inconsistent with the rules, to provide for all matters for which provision is necessary or expedient for carrying out the purposes and provisions of this Ordinance. (2) In particular, and without prejudice to the generality of the foregoing power, such regulations may provide for all or any of the following matters, namely:— (a) time and place of the meetings of the Board and the Committees and the procedure to be followed at such meetings; (b) manner in which and the purpose for which persons may be co-opted by the Authority; (c) recruitment, selection and the terms and conditions of service of the employees; (d) recruitment, selection and the terms and conditions of service of the Executive Secretary; (e) duties, conduct and functions of the employees; (f) conduct and discipline of the employees; (g) constitution and management of provident or other funds for the employees; (h) preparation of annual estimates of income and expenditure, profit and loss and supplementary estimates; (i) annual report; (j) manner in which payments are to be made by or on behalf of the Authority and the officers by whom orders for making deposits or investments for withdrawals or any other disposal of the income or fund of the Authority shall be authenticated, made or signed; (k) custody and use of the common seal of the Authority; (l) efficient conduct and expeditious disposal of the affairs of the Authority generally; and (m) any other matter which is to be, or may be prescribed or in respect of which provision is to be, or may be made, by the regulations.

Effective date: 2002-01-01

Version small-and-medium-exterprises-development-authority-ordinance-2002~PK-FED~base · Source-traceable official reference. LawHub does not modify the official record.