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Government of Pakistan |
S.R.O. (I)/2001. In exercise of powers conferred
by section 41 of the Privatisation Commission Ordinance, 2000 (LII of 2000),
read with section 43 thereof, the Privatisation Commission hereby makes the
following regulations, namely :-
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THE PRIVATISATION COMMISSION (AUTHENTICATION OF DOCUMENTS UNDER COMMON SEAL) REGULATIONS, 2001 |
1. Short title and commencement. --- (1) These regulations may be called the
The Privatisation Commission (Authentication of Documents Under Common Seal)
Regulations, 2001
(2) They shall come into force at once.
2. Definition. --- (1) In these rules, unless there is anything repugnant in
the subject or context :-
(a) "common seal" means the seal made and kept pursuant to section 43 of the
ordinance;
(b) "documents" means the documents specified in regulation 5 of these
regulations;
(c) "ordinance" means the Privatisation Commission Ordinance, 2000 (LII of
2000)
(d) "register" means the register kept in accordance with regulation 6 of
these regulations.
(2) All other terms and expressions used, but not defined in these rules,
shall have the same meanings as assigned to them in the Ordinance.
4. Custody of Seal. -- The seal shall be kept in the custody of Deputy
Secretary or any other officer as may be authorised by the Secretary from time
to time;
5. Documents to be authenticated. - Following documents shall be executed
under the common seal:-
(1) confirmed minutes of the meetings of Board of the Privatisation Commission
as signed by the Chairman, Privatisation Commission;
(2) all agreements /deeds for transfer of property;
(3) any other document as may be specifically approved by the Secretary to be
executed under common seal.
6. Manner for authentication of documents. - The manner for authentication of
documents shall, if, and to the extent, the Commission deems necessary,
include:-
(1) a register indicating the type of documents, name and signature of officer
proposing the authentication, name and signatures of the officer by whom the
documents are authenticated shall be maintained;
(2) the documents to be authenticated shall be entered in chronological order
in the register;
(3) the register shall be inspected by the Secretary once a month.
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No. F. 16(14)P&C/PC/2001
Munir Ahmed
Director