Section 5: Exercise of the powers and functions of the Authority to be vested in a Board. The — Small and Medium Exterprises Development Authority Ordinance, 2002

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

5. Exercise of the powers and functions of the Authority to be vested in a Board. The powers and functions of the Authority and the general and overall direction, management, control and superintendence of the affairs of the Authority shall vest in a Board and all actions, decisions, guidelines, directions, orders and policies made or issued by the Board in the exercise of the said powers and functions shall be deemed to have been made and issued by the Authority.

Effective date: 2002-01-01

Related sections

Section 4: Powers and functions of the Authority Section 6: Composition of the Board Section 3: Establishment of the Authority Section 7: Powers and functions of the Board. Subject to the provisions of this Ordinance, the Section 2: Definitions. In this Ordinance, unless there is anything repugnant in the subject or Section 8: Meetings of the Board

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