10 Questions
What powers confer the Securities and Exchange Commission of Pakistan to make regulations?
sections 19, 87, 88, 89, 90, 91, 94 and 95 read with section 169 of the Securities Act, 2015 (III of 2015)
What is the short title of the regulations mentioned in the text?
the Public Offering Regulations, 2017
Who do the regulations mentioned in the text apply to?
a public limited company or body corporate proposing to issue securities to the general public; an Offeror who intends to offer securities to the general public; sponsors of the public limited company or body corporate, the Consultants to the Issue, the Underwriter, the Book Runner, the Designated Institution, the Banker to an Issue, Investment Agent and Issuing and Paying Agent
When do the mentioned regulations come into force?
at once
Do the mentioned regulations apply to an Issue by Special Purpose Vehicle or body corporate specifically setup by the Federal Government or any provincial Government for the purpose of issue of any debt security?
These Regulations shall not apply to an Issue by Special Purpose Vehicle or body corporate specifically setup by the Federal Government or any provincial Government for the purpose of issue of any debt security, under any other law
Who is NOT included in the entities to which the mentioned regulations apply?
Special Purpose Vehicle sponsors
Which section of the Securities Act confers the powers for making the mentioned regulations?
Section 169
What is the date of the previous publication of the regulations in the official Gazette?
16th November 2015
What type of company is NOT covered by the mentioned regulations?
Private limited company
Which entities are specifically excluded from the applicability of the mentioned regulations?
Special Purpose Vehicle setup by the Government
Test your knowledge of the Securities Act of 2015 with this quiz. Explore the regulations and powers conferred by the Act, and gain insights into the workings of the Securities and Exchange Commission of Pakistan.
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