Section 8: Cancellation of registration.⸻(1) Notwithstanding anything contained in the Ordinance or

8. Cancellation of registration.⸻(1) Notwithstanding anything contained in the Ordinance or any other law for the time being in force,— (a) the registration of a trade organisation under the Ordinance shall be deemed to 1Subs. by Act No. IV of 2025, s.5. have been cancelled with immediate effect if the licence granted to such trade organisation has been cancelled by the 1[Regulator] under section 7; (b) the registration of an existing trade organisation shall stand cancelled with immediate effect if such a trade organisation has failed to apply for grant of fresh licence within the time notified by the 1[Regulator]; (c) the registration of an existing trade organisation under the Ordinance shall stand cancelled on 1st July, 2008, unless it has been granted licence by the 1[Regulator] under section 3. (2) The registrar shall strike off the register, and publish in the official gazette, the names of all such trade organisations whose registration has been cancelled under sub­section (1). (3) All affairs of a trade organisation whose registration stands cancelled under sub­section (1) shall be wound up in a manner as determined by the Federal Government.

Effective date: 2013-01-01

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