Section 26: Power to obtain finance, borrow money and receive grants — 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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26. Power to obtain finance, borrow money and receive grants.—(1) The Commission may, from time to time, and with the approval of the Federal Government, obtain finance or borrow money from sources within Pakistan or from abroad, as the case may be, with such rate of return, profit, mark- up or interest payable thereon, as the case may be, and for such period and upon such terms as to the time and method of repayment and otherwise, in respect of any sums required by the Commission for meeting any of its obligations or performing any of its functions. (2) The Commission may also accept 1[* * *] and with the approval of the Federal Government, grants from entities both domestic and international, including multilateral agencies.

Effective date: 1997-01-01

Related sections

Section 25: Annual report and accounts Section 27: Investment Section 24: Expenditure to be charged on the Fund Section 28: Bank Accounts. The Commission may [* * *] open and maintain its accounts in rupees Section 23: The Fund Section 28A: Inspection

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