Section 6: Renewal of licence. ⸻(1) A licensed trade organisation shall require renewal of its licence

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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6. Renewal of licence. ⸻(1) A licensed trade organisation shall require renewal of its licence every five years. (2) Application for renewal of licence shall be made to the Regulator ninety days prior to the expiry of licence: Provided that the Regulator, on sufficient cause being shown by an order in writing, may extend the period not exceeding thirty days. (3) Annual accounts and performance of a trade organisation shall be audited by a firm of chartered accountants and the reports thereof shall be submitted to the Regulator alongwith the renewal application. (4) The Regulator, on receipt of the application for renewal of licence, shall endeavour to decide it before the expiry of the licence.

Effective date: 2013-01-01

Related sections

Section 5: Privileges and obligations of trade organisations. ⸻(1) A licensed and registered trade Section 7: Cancellation of licence and exemption.⸻ (1) The licence granted to a trade organisation Section 4: Revocation of licences of existing trade organisations.⸻ (1) Except as hereinafter Section 8: Cancellation of registration.⸻(1) Notwithstanding anything contained in the Ordinance or Section 3: Licensing and registration of trade organisations.⸻ (1) Notwithstanding anything Section 9: Grant of licence de novo. ⸻ (1) Where licence of a trade organisation is cancelled under

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