Section 39: Power to make rules — 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.

Discuss this provision with AI

39. Power to make rules.—(1) Subject to subsection (2), the Federal Government may, by notification in the official Gazette, make rules for all or any of the matters in respect of which it is required to make rules to carry out the purposes of this Act. (2) The power to make rules conferred by this section shall be subject to the condition of previous publication and before making any rules the draft thereof shall be published in the official Gazette for eliciting public opinion thereon within a period of not less than 2[thirty] days from the date of publication. 1Ins. by Act No. XXXVI of 2016, s. 23. 2Subs. by Ord. No. LV of 2000, s. 13.

Effective date: 1997-01-01

Related sections

Section 38A: Opportunity of hearing to the Commission in stay matters Section 40: Power to make regulations Section 38: Prosecution of offences by the Commission Section 40A: Penalty for violation of rules 4[,] regulations 4[, directives and notification]Section 37: Cognizance of offences Section 40AA: Fines and penalties to be credited to the Federal Consolidated Fund

Version securities-and-exchange-commission-of-pakistan-act-1997~PK-FED~base · Source-traceable official reference. LawHub does not modify the official record.