Section 17: Administrator to act under control of the Regulator.⸻ (1)The Administrator shall

17. Administrator to act under control of the Regulator.⸻ (1)The Administrator shall manage and conduct affairs of the trade organisation under supervision and control of the Regulator 1Subs. by Act No. IV of 2025, ss.11-12. and in accordance with the rules, if any, made in this behalf by the Federal Government and, until such rules are made, in accordance with such directions as the Regulator may, from time to time, give. (2) The rules and directions referred to in sub­section (1) may provide for— (a) the appointment of an Advisory Committee consisting of persons selected from members of the trade organisation to assist the Administrator in discharge of his functions; (b) holding of elections for the purpose of reconstitution of the Executive Committee at any time considered appropriate before expiry of term of appointment of the Administrator; (c) compliance with provisions of the Ordinance to the extent applicable to the trade organisation except those relating to laying of the income and expenditure account and reading of the auditor’s report in general meeting; (d) withholding, during the period of supersession of the Executive Committee, of the general meeting of the trade organisation other than the meeting to hold elections for reconstituting the Executive Committee; (e) conduct of any business, during the period the general meeting remains withheld, which requires approval or assent of the members at a general meeting; (f) the pay, allowances, remuneration and other privileges, of the Administrator and members of the advisory committee; and (g) such other matters as are necessary for efficient management of affairs of the trade organisation. (3) Any expenditure incurred in connection with management of a trade organisation by the Administrator, including pay, allowances and remuneration of the Administrator and members of the Advisory Committee, shall be met as expenses, and be a charge on the income, of the trade organisation: Provided that the 1[division to which business of this Act stands allocated] may allow remuneration, honorarium to and re­imbursement of actual expenses incurred by the Administrator in connection with performance of his functions to be met from the Trade Organisations Fund.

Effective date: 2013-01-01

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