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notified by the Commission: \r\n \r\nProvided further that if the public company referred to in s","quote_sha256":"d0c2487ebd7b1dee428a56b85f57669103249f081dcf5af5b4ffe8782b1ca2d8","reader_fragment":"p-22979-24738-8c3b6b8c73c8df33","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-22979-24738-8c3b6b8c73c8df33","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"citation-69769f4e499b79dc2925","source":"pk-code-624202bb2c4b9cab","target":"pk-code-d94edf624a4c6541","target_candidates":["pk-code-d94edf624a4c6541"],"resolution":"exact_title_match","relation":"explicit_instrument_citation","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":59858,"character_end":59888,"quote":"Central Depositories Act, 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Interpretation.— (1) In this Part,— \r\n \r\n(a)  “central depository ” means any company licensed by the Commission for \r\nhandling of securities as envisaged in the Central Depositories Act, 1997 (XIX \r\nof 1997); \r\n \r\n(b) “defaulter” means a clearing member who is the subject of any default \r\nproceedings; \r\n \r\n(c)  “market charge” means a charge, whether fixed or floating, granted in favour of \r\na clearing house— \r\n \r\n(i)","quote_sha256":"425bab14ec548665af0667fbf59f406ba69d8e9b6379b8a8bd6fc257d2577769","reader_fragment":"p-57969-59737-ee810f72d9f9ec0e","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-57969-59737-ee810f72d9f9ec0e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"citation-91d0bd7c163299933317","source":"pk-code-624202bb2c4b9cab","target":"pk-code-8516a9c3a7aaa043","target_candidates":["pk-code-8516a9c3a7aaa043"],"resolution":"exact_title_match","relation":"explicit_instrument_citation","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":61314,"character_end":61339,"quote":"Companies Ordinance, 1984","quote_sha256":"cb7d4c316cea88e9922788daa9544fccfa9dc5921560940937397fff1b9e794e","reader_fragment":"p-59737-61475-9695cce9e75fab6a","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-59737-61475-9695cce9e75fab6a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":61144,"character_end":61569,"quote":"en provided for that specified purpose. \r\n \r\n(4) References in this Part to the law on insolvency include references to every provision made \r\nby or under— \r\n \r\n(a)  the Companies Ordinance, 1984 (XLVII of 1984); and \r\n \r\n(b)  any other enactment which is concerned with or in any way related to the \r\ninsolvency of a person. \r\n \r\n(5) References in this Part to settlement, in relation to a market contract, shall be construe","quote_sha256":"d72f5ba97684e191913d220729546b8b8c8a6b6553844001edc37ae04811235b","reader_fragment":"p-59737-61475-9695cce9e75fab6a","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-59737-61475-9695cce9e75fab6a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"citation-c1dd6a61276f0323d635","source":"pk-code-624202bb2c4b9cab","target":"pk-code-8516a9c3a7aaa043","target_candidates":["pk-code-8516a9c3a7aaa043"],"resolution":"exact_title_match","relation":"explicit_instrument_citation","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":90999,"character_end":91026,"quote":"Companies \r\nOrdinance, 1984","quote_sha256":"a8f401919719f4106646e905f92330832983b671234fda72194796d96b156634","reader_fragment":"p-89479-91260-ffa310948e7a466c","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-89479-91260-ffa310948e7a466c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":90829,"character_end":91256,"quote":"sum payable shall be receivable in evidence as sufficient proof of the net sum payable. \r\n \r\n41. 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the \r\napplication of the aggrieved person and after giving due notice to the C ommission, decide by means \r\nof a reasone","quote_sha256":"2816d936a5117b91a5d24317b354ac3e84b524e683cabf9bcb3c77f6c58849ef","reader_fragment":"p-170481-172202-f611b9120cd4da6c","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-170481-172202-f611b9120cd4da6c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"citation-9b2ae15ba60a021be5b9","source":"pk-code-624202bb2c4b9cab","target":"pk-code-4a4e5a575a9c632c","target_candidates":["pk-code-4a4e5a575a9c632c"],"resolution":"exact_title_match","relation":"explicit_instrument_citation","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":173625,"character_end":173681,"quote":"Securities 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Suspension or cancellation of futures exchange licence.— ","quote_sha256":"77f4060d807a9afabbe6ceac4504cf13ff6eb46a6b52078f841f9f70197d77c4","reader_fragment":"p-50997-52758-27b57540b2c92998","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-50997-52758-27b57540b2c92998","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-50997-52758-27b57540b2c92998","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":48482,"character_end":48492,"quote":"section 16","quote_sha256":"892a1cde2f60e439afa2137b9157f551ff716802193f79cc64a2e1d350259f7a","reader_fragment":"p-47505-49244-b583d712da6a3954","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-47505-49244-b583d712da6a3954","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":48312,"character_end":48722,"quote":"n of the Commission under sub­ \r\nsection (1), within such time as is specified by the Commission, the Commission may take action under \r\nclause (b) of sub­section (1) of section 16. \r\n \r\n(4) In this section, “emergency” means— \r\n \r\n(a)  an act of Government affecting a commodity, securities or financial \r\ninstruments; \r\n \r\n(b)  any other market disturbance which prevents the market from accurately \r\nreflect","quote_sha256":"45b52a1791e977c89bbb8a28ccba35b93edf6a5dfdb54aca5d487ac8366b390e","reader_fragment":"p-47505-49244-b583d712da6a3954","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-47505-49244-b583d712da6a3954","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-9aaf2092cd9dcd0e9974","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"4","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":22880,"character_end":22911,"quote":"4. Eligibility for licensing.— ","quote_sha256":"42f3fa8c61a09f4716d901b1925f72c36895bfa60ba673aca19eca9cda4795f4","reader_fragment":"p-21209-22979-05b3c3809d907a2a","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-21209-22979-05b3c3809d907a2a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-21209-22979-05b3c3809d907a2a","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":53358,"character_end":53367,"quote":"section 4","quote_sha256":"392b19828a456086a6d00e4d652e3b61060182cd3780011632e1cdd9fc2c77ff","reader_fragment":"p-52758-54502-fc0974c78bef56f3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-52758-54502-fc0974c78bef56f3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":53188,"character_end":53597,"quote":"anted under this Act with effect from the \r\ndate specified in the notice if the futures exchange— \r\n \r\n(i)  ceases to comply with the eligibility conditions specified in section 4; \r\n \r\n(ii)  ceases to operate a futures market that it has been licensed to operate \r\nunder section 5; \r\n \r\n(iii)  is being wound up or enters into an arrangement with its creditors or \r\nmembers without prior written approval of ","quote_sha256":"5b2d6ba4a9526dd6ab01b0bf47f2f2ff3ba91b93fef708825ca7d11f2941f722","reader_fragment":"p-52758-54502-fc0974c78bef56f3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-52758-54502-fc0974c78bef56f3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-803ab08a12ac4020d3b5","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"5","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":25386,"character_end":25409,"quote":"5. Grant of licence. — ","quote_sha256":"b26b4e3985b8910c027fd20fa46a8624f281c02667c7b01f6cdaad4b97096c8c","reader_fragment":"p-24738-26488-16413b832ce58dcc","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-24738-26488-16413b832ce58dcc","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-24738-26488-16413b832ce58dcc","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":53460,"character_end":53469,"quote":"section 5","quote_sha256":"c78910f62af57da8aa153eb6799061f6a7eba78c4de4d9870e26a4b8739111e3","reader_fragment":"p-52758-54502-fc0974c78bef56f3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-52758-54502-fc0974c78bef56f3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":53290,"character_end":53699,"quote":"\n(i)  ceases to comply with the eligibility conditions specified in section 4; \r\n \r\n(ii)  ceases to operate a futures market that it has been licensed to operate \r\nunder section 5; \r\n \r\n(iii)  is being wound up or enters into an arrangement with its creditors or \r\nmembers without prior written approval of the Commission; \r\n \r\n(iv)  fails to comply with any requirement of this Act or any other applicable \r\n","quote_sha256":"e2d96ae51d5bbf0ae37451947bda87f3b9cb510a191674902b621f7495c18986","reader_fragment":"p-52758-54502-fc0974c78bef56f3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-52758-54502-fc0974c78bef56f3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-4146e0e7724bee2f95e8","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"12","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":44607,"character_end":44677,"quote":"12. Power of the Commission to issue directions to futures exchange. —","quote_sha256":"74f0ef07d4fc72db5bd96fa8ea36ac6d3392f22f16644ecaf242b0de3054c0a5","reader_fragment":"p-44020-45774-8106d4009056b218","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-44020-45774-8106d4009056b218","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-44020-45774-8106d4009056b218","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":54471,"character_end":54481,"quote":"section 12","quote_sha256":"e4b869cb69b403d5a2bc605acb922cd43a6dbe77a7785efb3166364a3b2917dc","reader_fragment":"p-52758-54502-fc0974c78bef56f3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-52758-54502-fc0974c78bef56f3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":54301,"character_end":54711,"quote":"\nobtained prior written approval of the Commission to do so; or \r\n \r\n(b)  it has ceased to operate such futures market under a direction issued by the \r\nCommission under section 12 or section 13. \r\n \r\n(3) The Commission may by the notice served under sub­section (1) permit the futures \r\nexchange to continue, on or after the date on which the suspension or cancellation is to take effect, to \r\ncarry on such a","quote_sha256":"88fe8f8ee281f4ccec10686965e908e84ac51ce657b398334c85b1b8d4e63c1d","reader_fragment":"p-52758-54502-fc0974c78bef56f3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-52758-54502-fc0974c78bef56f3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-f0356417cad5b9c93b06","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"13","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":46157,"character_end":46195,"quote":"13. Emergency powers of Commission. — ","quote_sha256":"934e1650247f4aa52d290788df845fc06e4b756a6b4573b3d246b10170694f2d","reader_fragment":"p-45774-47505-96e63bdefdd1ab25","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-45774-47505-96e63bdefdd1ab25","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-45774-47505-96e63bdefdd1ab25","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":54485,"character_end":54495,"quote":"section 13","quote_sha256":"50c92c2f0fc37afc48af1a6a3279c607c7d6468f32e5617678a43d958b50b851","reader_fragment":"p-52758-54502-fc0974c78bef56f3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-52758-54502-fc0974c78bef56f3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":54315,"character_end":54725,"quote":"r written approval of the Commission to do so; or \r\n \r\n(b)  it has ceased to operate such futures market under a direction issued by the \r\nCommission under section 12 or section 13. \r\n \r\n(3) The Commission may by the notice served under sub­section (1) permit the futures \r\nexchange to continue, on or after the date on which the suspension or cancellation is to take effect, to \r\ncarry on such activities affe","quote_sha256":"55c4f32b8a26fdd6354cbc917c50ba11615177394451055849bbdbbe870a6138","reader_fragment":"p-52758-54502-fc0974c78bef56f3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-52758-54502-fc0974c78bef56f3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-8b4445d4959a31a0336f","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"16","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":52612,"character_end":52673,"quote":"16. Suspension or cancellation of futures exchange licence.— ","quote_sha256":"77f4060d807a9afabbe6ceac4504cf13ff6eb46a6b52078f841f9f70197d77c4","reader_fragment":"p-50997-52758-27b57540b2c92998","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-50997-52758-27b57540b2c92998","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-50997-52758-27b57540b2c92998","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":55725,"character_end":55735,"quote":"section 16","quote_sha256":"892a1cde2f60e439afa2137b9157f551ff716802193f79cc64a2e1d350259f7a","reader_fragment":"p-54502-56225-a14881b25c6c4af9","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-54502-56225-a14881b25c6c4af9","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":55555,"character_end":55965,"quote":"notice of that fact to be published in at least two daily newspapers having wide \r\ncirculation. \r\n \r\n17. Effect of cancellation.—Cancellation of a licence referred to in section 16 shall not operate \r\nso as to— \r\n \r\n(a)  avoid or affect any agreement, transaction or arrangement entered into on the \r\nfutures market operated by the futures exchange where the agreement, \r\ntransaction or arrangement was entered","quote_sha256":"c30360024bfc7962f5857caa34d28a8ce99966abcc993bb5f544daaa23079f03","reader_fragment":"p-54502-56225-a14881b25c6c4af9","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-54502-56225-a14881b25c6c4af9","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-7a27b52cdd621e7e8b2e","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"24","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":64367,"character_end":64391,"quote":"24. 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Approval of regulations or amendments to regulations of clearing house. — ","quote_sha256":"aced8a7fbbffec35e17af0f3f943240d999c87c58383bc158f15be0a242f01cf","reader_fragment":"p-73806-75536-7c6458f9e64c0bc9","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-73806-75536-7c6458f9e64c0bc9","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-73806-75536-7c6458f9e64c0bc9","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":67336,"character_end":67346,"quote":"section 27","quote_sha256":"ef66a0d0c0c9c35b91fdd5ab0ed81116099cb54e362123ee9afc92cd9b6450dd","reader_fragment":"p-66763-68546-f2845b1a5bfd7777","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-66763-68546-f2845b1a5bfd7777","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":67166,"character_end":67576,"quote":"regard to interest of the customers. \r\n \r\n(3) A clearing house shall operate its facilities in accordance with the regulations made under \r\nsection 26 and approved under section 27. \r\n \r\n(4) A clearing house shall formulate and implement appropriate procedures for ensuring that \r\nits clearing members comply with its regulations. \r\n \r\n(5) A clearing house shall preserve confidentiality with regard to all  in","quote_sha256":"1900e61632f48bf345b9d77372ae4c75c74f0b56b652b61c278952fdb213000d","reader_fragment":"p-66763-68546-f2845b1a5bfd7777","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-66763-68546-f2845b1a5bfd7777","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-5bdac8a695523c79d95a","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"24","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":64367,"character_end":64391,"quote":"24. Grant of licence. — ","quote_sha256":"28a44df5ba892e849ef5c04680ac7a5a374afcfddc2dab01b05f20061229f9e1","reader_fragment":"p-63238-64964-4cda6b108b281609","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-63238-64964-4cda6b108b281609","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-63238-64964-4cda6b108b281609","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":69534,"character_end":69544,"quote":"section 24","quote_sha256":"78c7b2d07c36df062576f6a18d78f213270443baeaaab679583fa91151079229","reader_fragment":"p-68546-70335-8843576fad8b3b10","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-68546-70335-8843576fad8b3b10","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":69364,"character_end":69774,"quote":"ulatory officer, by whatever name called, is made with prior approval of the Commission. \r\n \r\n26. Regulations of clearing house. — (1) Without limiting the generality of section 24, the \r\nregulations of a clearing house shall make provision to the satisfaction of the Commission— \r\n \r\n(a)  for the registration of futures contracts; \r\n \r\n(b)  for the settlement of transactions involving futures contracts; \r\n ","quote_sha256":"139ee9ac6125f01eec4f8974c5f3fe64df5ace5476a4c80b626c9dc4157ca9d3","reader_fragment":"p-68546-70335-8843576fad8b3b10","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-68546-70335-8843576fad8b3b10","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-3a72444091074f84d14c","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"13","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":46157,"character_end":46195,"quote":"13. 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Eligib ility for licensing. — ","quote_sha256":"e3e87a4e578a4378a6683e8ff977d7b39a85b6f911deb115890fa81fcdf629d2","reader_fragment":"p-61475-63238-3d100d3482dea8eb","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-61475-63238-3d100d3482dea8eb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-61475-63238-3d100d3482dea8eb","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":81811,"character_end":81821,"quote":"section 23","quote_sha256":"e153483443256c8ed6b03747ddd5670e262f1daaa89594d4819b9a17ee8b0b61","reader_fragment":"p-80816-82538-e2c136c8498c766e","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-80816-82538-e2c136c8498c766e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":81641,"character_end":82051,"quote":"a)  ceases to operate the clearing facility that has been licensed to operate under \r\nsection 24; \r\n \r\n(b)  ceases to comply with the eligibility conditions specified in section 23; \r\n \r\n(c)  is being wound up; \r\n \r\n(d)  fails to comply with any requirement of this Act; \r\n \r\n(e)  fails to comply with a direction of the Commission; \r\n \r\n(f)  fails to provide to the Commission information required by the Comm","quote_sha256":"04b80b312ef0f78b2c93b5edacfb1a0569aaea22efcb0083e289cea7bcdf429e","reader_fragment":"p-80816-82538-e2c136c8498c766e","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-80816-82538-e2c136c8498c766e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-dd545b9b3b8a92a93bc5","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"31","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":78411,"character_end":78479,"quote":"31. Power of the Commission to issue directions to clearing house.— ","quote_sha256":"f84715a3e4b495a059366b530708e4b98d7042a4efd41f27c13c72cc54f71901","reader_fragment":"p-77265-79059-7b663cb7f3bd0651","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-77265-79059-7b663cb7f3bd0651","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-77265-79059-7b663cb7f3bd0651","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":82643,"character_end":82653,"quote":"section 31","quote_sha256":"605372723de9524e080050bb70181aecea1a034277c97fb63a8efd84d1a9a821","reader_fragment":"p-82538-84332-f3427c9a3be6660c","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-82538-84332-f3427c9a3be6660c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":82473,"character_end":82883,"quote":"\nhas obtained prior approval of the Commission to do so; or \r\n \r\n(b)  it has ceased to operate such clearing facility under a direc tion issued by the \r\nCommission under section 31 or power exercised under section 32. \r\n \r\n(3) The Commission may by the notice served under sub­section (1), permit the clearing house \r\nto continue, on or after the date on which the cancellation is to take effect,  to carry on ","quote_sha256":"82e53394a53eaaa4a6eb00341378c2d16733f26064319dbbdd1bc8e12efed819","reader_fragment":"p-80816-82538-e2c136c8498c766e","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-80816-82538-e2c136c8498c766e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-1502614a93dc42a172c9","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"32","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":79695,"character_end":79733,"quote":"32. Emergency powers of Commission. — ","quote_sha256":"923a4209689d81538c829373431bf6142efd3098fc8fde279a3712fefa4c2fc2","reader_fragment":"p-79059-80816-ed10e31df45aca5c","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-79059-80816-ed10e31df45aca5c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-79059-80816-ed10e31df45aca5c","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":82679,"character_end":82689,"quote":"section 32","quote_sha256":"390bc7b5f0ac08e0f53abee6e1956747d63931e682ba939b17f2bb14f44ed43f","reader_fragment":"p-82538-84332-f3427c9a3be6660c","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-82538-84332-f3427c9a3be6660c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":82509,"character_end":82919,"quote":"Commission to do so; or \r\n \r\n(b)  it has ceased to operate such clearing facility under a direc tion issued by the \r\nCommission under section 31 or power exercised under section 32. \r\n \r\n(3) The Commission may by the notice served under sub­section (1), permit the clearing house \r\nto continue, on or after the date on which the cancellation is to take effect,  to carry on such activities \r\naffected by the ca","quote_sha256":"bc35853dc2f587457b37ae0cbbbf77f03e512788c4ab6477839e7d17e9132dce","reader_fragment":"p-80816-82538-e2c136c8498c766e","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-80816-82538-e2c136c8498c766e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-0620e6224a3b954d4b9f","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"33","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":81305,"character_end":81365,"quote":"33. Suspension or Cancellation of clearing house licence .— ","quote_sha256":"29760dd74f6a02a5ed554d78712fdf5a10b47f6b3cabca460c2058421c492c66","reader_fragment":"p-80816-82538-e2c136c8498c766e","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-80816-82538-e2c136c8498c766e","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-80816-82538-e2c136c8498c766e","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":83843,"character_end":83853,"quote":"section 33","quote_sha256":"9f5975fe9731647a19e175fca38ccb570c6227fa0e82d503977fbf8c00dbf773","reader_fragment":"p-82538-84332-f3427c9a3be6660c","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-82538-84332-f3427c9a3be6660c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":83673,"character_end":84083,"quote":"erformed during the period of suspension by such \r\nperson as may be specified in the notice. \r\n \r\n34. Effect of cancellation of licence.  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Proceedings of clearing house take precedence over laws of insolvency. — ","quote_sha256":"89221030cd7d01a54dc39d3d14224e8aff17b2bc1149449e336c58ff22eb0692","reader_fragment":"p-86042-87776-b2ffd84a43d0fcbf","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-86042-87776-b2ffd84a43d0fcbf","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-86042-87776-b2ffd84a43d0fcbf","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":90314,"character_end":90324,"quote":"section 38","quote_sha256":"2df0a1631cf90fd8e98c8971d0c2aeabf162c8a7ecce36810a41528dda96d185","reader_fragment":"p-89479-91260-ffa310948e7a466c","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-89479-91260-ffa310948e7a466c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":90144,"character_end":90554,"quote":"a report. \r\n \r\n40. 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Register of regulated persons. — ","quote_sha256":"aa151c7118e9d2b3427a4b8945f52bda62fc5f4ed040c6d7fe38347819147167","reader_fragment":"p-105445-107168-ad14a1a49a49c013","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-105445-107168-ad14a1a49a49c013","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-105445-107168-ad14a1a49a49c013","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":98579,"character_end":98589,"quote":"section 55","quote_sha256":"d9eda543a8bddeee5fd343e3d1d4f76e90065b8eebaac8e6caa7b4f02e09cf6f","reader_fragment":"p-98354-100141-dc2a3ade932be682","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-98354-100141-dc2a3ade932be682","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":98409,"character_end":98819,"quote":"s accredited to the principal; and \r\n \r\n(b)  the representative is recorded as being accredited in the register of regulated \r\npersons maintained by the Commission under section 55. \r\n \r\n(2) The Commission shall not issue a representative's licence unless both the representative \r\nand the principal have informed the Commission in writing that he is, or is to be, accredited. \r\n \r\n(3) Where the accreditation ","quote_sha256":"5a422ce8cb4c5b95d1103a6663e3978867439e0b155efcb20bd04541f81069da","reader_fragment":"p-98354-100141-dc2a3ade932be682","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-98354-100141-dc2a3ade932be682","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-09a71dba52ada54132ff","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"95","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":151633,"character_end":151681,"quote":"95. Determination of fit and proper criteria. — ","quote_sha256":"e39a6c6e1e77f941da0be40f1988d317c817c5ec5951fd3e02a71d4fe08a1eac","reader_fragment":"p-151225-152989-dcc050e169625b14","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-151225-152989-dcc050e169625b14","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-151225-152989-dcc050e169625b14","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":100234,"character_end":100246,"quote":"section \r\n95","quote_sha256":"1c0c18ba0352e3bff1a87391b3a4065261501b0770b8e22b9a9881c9d83ae133","reader_fragment":"p-100141-101921-1741a247dcc2204a","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-100141-101921-1741a247dcc2204a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":100064,"character_end":100476,"quote":"tends to be associated \r\nin the course of carrying on the business; and \r\n \r\nPage 45 of 81 \r\n \r\n \r\n(iii)  to enable the Commission to consider the matters referred to in section \r\n95; and \r\n \r\n(b)  specify the location of all premises at which the records or other documents of \r\nthe regulated activity in respect of which the application is made are to be kept. \r\n \r\n(2) The Commission may require an applicant ","quote_sha256":"a2432820a315d52fb9b6a07dcb0c32459a9cadaffaffdb777f59dfecf6bf75a6","reader_fragment":"p-98354-100141-dc2a3ade932be682","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-98354-100141-dc2a3ade932be682","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-ab2ba4f16d2e86ebba8d","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"51","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":99489,"character_end":99519,"quote":"51. Application for licence.— ","quote_sha256":"d9b2a022a67d1a16e3b40876c4e4ec2276b4d528b1738d1808d8ba82362b6f8b","reader_fragment":"p-98354-100141-dc2a3ade932be682","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-98354-100141-dc2a3ade932be682","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-98354-100141-dc2a3ade932be682","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":100920,"character_end":100930,"quote":"section 51","quote_sha256":"20d9c9f9fe69beb44b7103429fd599def2776d8c8618f10bc69bc98f0b2649c5","reader_fragment":"p-100141-101921-1741a247dcc2204a","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-100141-101921-1741a247dcc2204a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":100750,"character_end":101160,"quote":"nduct a regulated \r\nactivity. \r\n \r\n52. Grant of licence.— (1)Subject to the provisions of this Act, the Commission may, on an  \r\napplication duly made in accordance with section 51, grant the licence or refuse the application. \r\n \r\n(2) The Commission shall grant a licence, if satisfied that the applicant— \r\n \r\n(a) is a fit and proper person to be licensed, having regard to the provisions of \r\nsection 95; \r\n","quote_sha256":"bf523f06a1f9e971663fdff9a2beabe2d84c8ac8ae2d2c82eec8fd86630f6cf4","reader_fragment":"p-100141-101921-1741a247dcc2204a","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-100141-101921-1741a247dcc2204a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-ed22bcbdbc8598567371","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"95","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":151633,"character_end":151681,"quote":"95. Determination of fit and proper criteria. — ","quote_sha256":"e39a6c6e1e77f941da0be40f1988d317c817c5ec5951fd3e02a71d4fe08a1eac","reader_fragment":"p-151225-152989-dcc050e169625b14","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-151225-152989-dcc050e169625b14","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-151225-152989-dcc050e169625b14","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":101146,"character_end":101156,"quote":"section 95","quote_sha256":"61b597a492a2a95e01a41d66766b02240aefdb9abc6f51354ba92f370af80246","reader_fragment":"p-100141-101921-1741a247dcc2204a","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-100141-101921-1741a247dcc2204a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":100976,"character_end":101386,"quote":" \r\n \r\n(2) The Commission shall grant a licence, if satisfied that the applicant— \r\n \r\n(a) is a fit and proper person to be licensed, having regard to the provisions of \r\nsection 95; \r\n \r\n(b)  where it is a company, employs at least one individual who is licensed as a \r\nrepresentative under this Part; \r\n \r\n(c)  will be able, if licensed, to comply with any financial resources regulations that \r\nmay apply to ","quote_sha256":"d0d9479c733d366438e9ebbfec310b186173cf1d64e1f805080b0f0813c37eab","reader_fragment":"p-100141-101921-1741a247dcc2204a","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-100141-101921-1741a247dcc2204a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-3ecc98142192ef3f36ed","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"51","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":99489,"character_end":99519,"quote":"51. Application for licence.— ","quote_sha256":"d9b2a022a67d1a16e3b40876c4e4ec2276b4d528b1738d1808d8ba82362b6f8b","reader_fragment":"p-98354-100141-dc2a3ade932be682","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-98354-100141-dc2a3ade932be682","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-98354-100141-dc2a3ade932be682","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":101473,"character_end":101483,"quote":"section 51","quote_sha256":"20d9c9f9fe69beb44b7103429fd599def2776d8c8618f10bc69bc98f0b2649c5","reader_fragment":"p-100141-101921-1741a247dcc2204a","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-100141-101921-1741a247dcc2204a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":101303,"character_end":101713,"quote":"f licensed, to comply with any financial resources regulations that \r\nmay apply to the applicant; \r\n \r\n(d)  has specified premises under clause (b) of sub­section (1) of section 51 that are \r\nsuitable for keeping records or other documents; \r\n \r\n(e)  in the case of an application for a representative's licence, has passed such \r\nexamination and undertaken such training as may be prescribed; \r\n \r\n(f)  compli","quote_sha256":"24425071800f193e3c7d1817225c960b32fd1fea42cbeeb2bda3753c45bcfad4","reader_fragment":"p-100141-101921-1741a247dcc2204a","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-100141-101921-1741a247dcc2204a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-309cd446369dff580fef","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"55","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":106478,"character_end":106515,"quote":"55. Register of regulated persons. — ","quote_sha256":"aa151c7118e9d2b3427a4b8945f52bda62fc5f4ed040c6d7fe38347819147167","reader_fragment":"p-105445-107168-ad14a1a49a49c013","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-105445-107168-ad14a1a49a49c013","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-105445-107168-ad14a1a49a49c013","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":108434,"character_end":108444,"quote":"section 55","quote_sha256":"d9eda543a8bddeee5fd343e3d1d4f76e90065b8eebaac8e6caa7b4f02e09cf6f","reader_fragment":"p-107168-108945-ea5e23726eff6749","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-107168-108945-ea5e23726eff6749","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":108264,"character_end":108674,"quote":"\n(a)  a regulated person ceases to carry on the business to which his licence relates; \r\nor \r\n \r\n(b)  a change occurs in any matter, particulars of which are required by section 55 \r\nto be entered in the register, \r\n \r\nthe regulated person shall as soon as is practicable and in any event within seven days give to the \r\nCommission notice in writing of the event concerned. \r\n \r\nPART V \r\n \r\nCONDUCT OF REGULATE","quote_sha256":"4bc5b7a945e8dd98c4c4196bae338f4f296da54e18a50428719f597dd7842f8c","reader_fragment":"p-107168-108945-ea5e23726eff6749","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-107168-108945-ea5e23726eff6749","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-11c2cc59cc0b74cef67a","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"114","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":180325,"character_end":180359,"quote":"114. Power to make regulations. — ","quote_sha256":"285843a0fc7494d21ac70c1dea1199cfdafe3353fc7d26af58edc9b7872a0929","reader_fragment":"p-179134-180892-2aa7fd63fc6083f2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-179134-180892-2aa7fd63fc6083f2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-179134-180892-2aa7fd63fc6083f2","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":111055,"character_end":111066,"quote":"section 114","quote_sha256":"a6e5b1ab441c62780a22b13e1e27090aa0695486467c0dff56eb0ad7037010fb","reader_fragment":"p-110728-112485-244a9f044e1b84ce","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-110728-112485-244a9f044e1b84ce","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":110885,"character_end":111296,"quote":"ion informed of anything concerning the regulated person that might \r\nbe expected to be disclosed to it. \r\n \r\n58. 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Power to make regulations. — ","quote_sha256":"285843a0fc7494d21ac70c1dea1199cfdafe3353fc7d26af58edc9b7872a0929","reader_fragment":"p-179134-180892-2aa7fd63fc6083f2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-179134-180892-2aa7fd63fc6083f2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-179134-180892-2aa7fd63fc6083f2","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":114302,"character_end":114313,"quote":"section 114","quote_sha256":"a6e5b1ab441c62780a22b13e1e27090aa0695486467c0dff56eb0ad7037010fb","reader_fragment":"p-114277-116062-5a681610db6569eb","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-114277-116062-5a681610db6569eb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":114132,"character_end":114543,"quote":" or accruing to the customer \r\npursuant to clause (a); and \r\n \r\n(c)  not commingle customer assets with the assets of the regulated person. \r\n \r\n(2) Without prejudice to section 114, the Commission may make regulations with respect to \r\nthe segregation, safekeeping and utilization of customer assets that a regulated person holds on behalf \r\nof a customer. \r\n \r\n(3) Without limiting the generality of sub­secti","quote_sha256":"783fccf546171c513458701d023a7fef7670efda95dd40434f06e6f069c156f0","reader_fragment":"p-112485-114277-7a21800ea6c9ab9c","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-112485-114277-7a21800ea6c9ab9c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-c2c7d219759bd1637e6f","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"114","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":180325,"character_end":180359,"quote":"114. 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Power of the Commission to appoint auditor for special Audit. 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Auditor to be appointed.— (1) Within one mon","quote_sha256":"ed231c8a8ee3aecdee344d60bd570318ea8ca69e451cfd91f4768145f3945be1","reader_fragment":"p-119610-121352-787d05da52233fca","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-119610-121352-787d05da52233fca","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-d46c5f8a625c6c442d10","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"62","qualifier":"(customer assets)","resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":113685,"character_end":113707,"quote":"62. Customer assets.— ","quote_sha256":"3daad6a369f046a3be834d76029dda174139ae92e798165eef4b56b91da0fe13","reader_fragment":"p-112485-114277-7a21800ea6c9ab9c","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-112485-114277-7a21800ea6c9ab9c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-112485-114277-7a21800ea6c9ab9c","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":122909,"character_end":122937,"quote":"section 62 (customer assets)","quote_sha256":"85dfd7998620f2865e77fd63972dff93d2610270c21a8edd41766640193e5da9","reader_fragment":"p-121352-123081-913d0de1e794fe65","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-121352-123081-913d0de1e794fe65","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":122739,"character_end":123167,"quote":"l or regulatory position of the regulated person to a material extent; or \r\n \r\n(b)  discovers evidence of a contravention of the financial resources regulations, or \r\nof section 62 (customer assets) and section 63 (accounts and records to be kept), \r\nhe shall promptly report it in writing to the Commission and to the regulated person. \r\n \r\n70. Power of the Commission to appoint auditor for special Audit. Where the Commission","quote_sha256":"77da9e168219e7efe07ad1175456b1911f6f2c8c71096810eff033eca002f1be","reader_fragment":"p-121352-123081-913d0de1e794fe65","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-121352-123081-913d0de1e794fe65","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-935b3e597566ab67d6c5","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"63","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":115474,"character_end":115512,"quote":"63. Accounts and records to be kept.— ","quote_sha256":"25cb009f3390accfd2c7046fec1e06810e452646895be128c1ac27d188a2c0e1","reader_fragment":"p-114277-116062-5a681610db6569eb","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-114277-116062-5a681610db6569eb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-114277-116062-5a681610db6569eb","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":122942,"character_end":122952,"quote":"section 63","quote_sha256":"6f249fb0a6cf5a511ecb428c859e5f83b59067851e2c6e4464b96a3d2259b9b1","reader_fragment":"p-121352-123081-913d0de1e794fe65","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-121352-123081-913d0de1e794fe65","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":122772,"character_end":123182,"quote":"egulated person to a material extent; or \r\n \r\n(b)  discovers evidence of a contravention of the financial resources regulations, or \r\nof section 62 (customer assets) and section 63 (accounts and records to be kept), \r\nhe shall promptly report it in writing to the Commission and to the regulated person. \r\n \r\n70. Power of the Commission to appoint auditor for special Audit. Where the Commission \r\nis satisfied","quote_sha256":"052ecb5f03f875013b47ce2f41add4562b812c77c73240414d23bd0bca8b4e01","reader_fragment":"p-121352-123081-913d0de1e794fe65","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-121352-123081-913d0de1e794fe65","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-978f3ff3465c996e32ce","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"68","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":121742,"character_end":121799,"quote":"68. Audited accounts to be lodged with the Commission. — ","quote_sha256":"640952f631fe457c129a6322713ffe6dc3f93755029fb243927d78d98c81ecac","reader_fragment":"p-121352-123081-913d0de1e794fe65","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-121352-123081-913d0de1e794fe65","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-121352-123081-913d0de1e794fe65","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":123785,"character_end":123795,"quote":"section 68","quote_sha256":"9d5c88b9e524be5dd76077c7d04ef87eca1e244babca16aa4d42272bf63d0dd0","reader_fragment":"p-123081-124871-75560051b853e7a2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-123081-124871-75560051b853e7a2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":123615,"character_end":124025,"quote":"e regulated person or by a nominee appointed by the regulated person, if— \r\n \r\n(a)  the regulated person has failed to lodge audited accounts with the Commission \r\nunder section 68; \r\n \r\n(b)  the Commission has received a report under section 69; or \r\n \r\n(c)  the Commission has reason to believe that the regulated person has failed to \r\ncomply with the financial resources regulatio ns, with section 62 (cust","quote_sha256":"d370bea048f8ee7487c554f7ffec1596cefc7318c9dc760c8d19568858f8ddba","reader_fragment":"p-123081-124871-75560051b853e7a2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-123081-124871-75560051b853e7a2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-033f979bf5951ef66dfe","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"69","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":122497,"character_end":122557,"quote":"69. Auditor to report to the Commission in certain cases. — ","quote_sha256":"f8addf40e3de78763323f3e4f21ce52bf7c3939f575f27b8eaacca94a8377de6","reader_fragment":"p-121352-123081-913d0de1e794fe65","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-121352-123081-913d0de1e794fe65","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-121352-123081-913d0de1e794fe65","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":123850,"character_end":123860,"quote":"section 69","quote_sha256":"6e0dcfd5ad5e7b525df137a28643d1fe6bfdf6b1b7be2b0844589498de40bcf8","reader_fragment":"p-123081-124871-75560051b853e7a2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-123081-124871-75560051b853e7a2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":123680,"character_end":124090,"quote":"son, if— \r\n \r\n(a)  the regulated person has failed to lodge audited accounts with the Commission \r\nunder section 68; \r\n \r\n(b)  the Commission has received a report under section 69; or \r\n \r\n(c)  the Commission has reason to believe that the regulated person has failed to \r\ncomply with the financial resources regulatio ns, with section 62 (customer \r\nassets) or section 63 (accounts and records to be kept). \r","quote_sha256":"88edd72277c44972a6d0f8bfb85d35618be944fdaeb3acb7b441ffbd567445f2","reader_fragment":"p-123081-124871-75560051b853e7a2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-123081-124871-75560051b853e7a2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-199b451f53e116e895da","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"62","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":113685,"character_end":113707,"quote":"62. Customer assets.— ","quote_sha256":"3daad6a369f046a3be834d76029dda174139ae92e798165eef4b56b91da0fe13","reader_fragment":"p-112485-114277-7a21800ea6c9ab9c","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-112485-114277-7a21800ea6c9ab9c","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-112485-114277-7a21800ea6c9ab9c","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":124009,"character_end":124019,"quote":"section 62","quote_sha256":"8b7c3daf7425d7692e46e1f3c13cc1b2aba0151113b7f6c1b72c6cb72cc6b0a3","reader_fragment":"p-123081-124871-75560051b853e7a2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-123081-124871-75560051b853e7a2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":123839,"character_end":124249,"quote":"port under section 69; or \r\n \r\n(c)  the Commission has reason to believe that the regulated person has failed to \r\ncomply with the financial resources regulatio ns, with section 62 (customer \r\nassets) or section 63 (accounts and records to be kept). \r\n \r\nPART VII \r\n \r\nINSIDER TRADING \r\n \r\n71. Application of this Part.  The provisions of this Part shall apply to futures contracts and \r\ninsiders described in ","quote_sha256":"1156dac5d74ea14411603a1f81efe21469c1350e67760b929e82fa0d62b4dcb7","reader_fragment":"p-123081-124871-75560051b853e7a2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-123081-124871-75560051b853e7a2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-cb70d240367e6cab8675","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"63","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":115474,"character_end":115512,"quote":"63. Accounts and records to be kept.— ","quote_sha256":"25cb009f3390accfd2c7046fec1e06810e452646895be128c1ac27d188a2c0e1","reader_fragment":"p-114277-116062-5a681610db6569eb","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-114277-116062-5a681610db6569eb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-114277-116062-5a681610db6569eb","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":124043,"character_end":124053,"quote":"section 63","quote_sha256":"6f249fb0a6cf5a511ecb428c859e5f83b59067851e2c6e4464b96a3d2259b9b1","reader_fragment":"p-123081-124871-75560051b853e7a2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-123081-124871-75560051b853e7a2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":123873,"character_end":124283,"quote":"  the Commission has reason to believe that the regulated person has failed to \r\ncomply with the financial resources regulatio ns, with section 62 (customer \r\nassets) or section 63 (accounts and records to be kept). \r\n \r\nPART VII \r\n \r\nINSIDER TRADING \r\n \r\n71. Application of this Part.  The provisions of this Part shall apply to futures contracts and \r\ninsiders described in section 73. \r\n \r\n72. Prohibition o","quote_sha256":"4470e29314bc55c2449417b39baa26201eb6a0604731549d2bec94bcd8e029a1","reader_fragment":"p-123081-124871-75560051b853e7a2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-123081-124871-75560051b853e7a2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-904e172f60fb95e981c1","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"73","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":126118,"character_end":126144,"quote":"73. Inside information. — ","quote_sha256":"b971558ed444324497dc01d3439fc4161d39ead681efe63a9340c8f0f5b32f14","reader_fragment":"p-124871-126613-afe18bc8bb7aa2f9","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-124871-126613-afe18bc8bb7aa2f9","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-124871-126613-afe18bc8bb7aa2f9","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":124249,"character_end":124259,"quote":"section 73","quote_sha256":"704316924ec1f412c56fe6e65a7a4e024c1de808e61eebdb8f420fa44e14c3ae","reader_fragment":"p-123081-124871-75560051b853e7a2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-123081-124871-75560051b853e7a2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":124079,"character_end":124489,"quote":"be kept). \r\n \r\nPART VII \r\n \r\nINSIDER TRADING \r\n \r\n71. Application of this Part.  The provisions of this Part shall apply to futures contracts and \r\ninsiders described in section 73. \r\n \r\n72. Prohibition of insider trading. — (1) No person shall indulge in insider trading and any \r\ncontravention of this section shall be an offence under this Act. \r\n \r\n(2) Insider trading shall include— \r\n \r\n(a)  an insider p","quote_sha256":"410f4b752518edd9dceaff99228a02fd8b905f2de0120fa28f621125222f7e2e","reader_fragment":"p-123081-124871-75560051b853e7a2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-123081-124871-75560051b853e7a2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-111fb2b9b311ca7cd7bc","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"82","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":133725,"character_end":133742,"quote":"82. Inspection.— ","quote_sha256":"3f65182c8530fd4ca27490115e7bb434d657621d223b967e340313475ec5355a","reader_fragment":"p-133725-135449-29b32ef47ef4178a","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-133725-135449-29b32ef47ef4178a","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-133725-135449-29b32ef47ef4178a","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":139038,"character_end":139048,"quote":"section 82","quote_sha256":"9cf99300071c33c187235d65b3140f9d80c4036e82a480abde413ff2350d5df8","reader_fragment":"p-138960-140735-757588a09f3502c2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-138960-140735-757588a09f3502c2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":138868,"character_end":139278,"quote":" of, or causes or permits the destruction, falsification, concealment or disposal of, any \r\ndocument, which he knows or ought to know is rele vant to an inspection under section 82 or an \r\ninvestigation under section 83. \r\n \r\n85. Powers of investigator in relation to investigations. — (1) An investigator shall, for the \r\npurposes of investigations, have all the powers as are vested in a court under the C od","quote_sha256":"ecbfb7269d3b931ebf970b02e62786f5ae2cfc1716694e6e4613f79d5c384dc9","reader_fragment":"p-137198-138960-d9d283aa77114e26","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-137198-138960-d9d283aa77114e26","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-28d0707562092d77a807","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"83","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":135639,"character_end":135659,"quote":"83. Investigation.— ","quote_sha256":"dad071c41e1e077c42976946b734f6cf4bd7006e69f50d337bf330351ca03f9b","reader_fragment":"p-135449-137198-a80b53285e88e1bb","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-135449-137198-a80b53285e88e1bb","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-135449-137198-a80b53285e88e1bb","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":139077,"character_end":139087,"quote":"section 83","quote_sha256":"5d399315fafaffa6e895c880aea5babf51ca5078de7c11cf0d6f932bc2853fee","reader_fragment":"p-138960-140735-757588a09f3502c2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-138960-140735-757588a09f3502c2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":138907,"character_end":139317,"quote":"on, falsification, concealment or disposal of, any \r\ndocument, which he knows or ought to know is rele vant to an inspection under section 82 or an \r\ninvestigation under section 83. \r\n \r\n85. Powers of investigator in relation to investigations. — (1) An investigator shall, for the \r\npurposes of investigations, have all the powers as are vested in a court under the C ode of Civil \r\nProcedure, 1908 (Act V of ","quote_sha256":"5b573ae2ab76a133a7ad30cce40af1c5eabd1bb3c39f3f6162a2ca8211d32322","reader_fragment":"p-137198-138960-d9d283aa77114e26","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-137198-138960-d9d283aa77114e26","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-8daf439d4e3319a2ed1b","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"193","qualifier":null,"resolution":"operative_heading_not_identified","target_evidence":null,"target_fragment":null,"evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":140147,"character_end":140158,"quote":"section 193","quote_sha256":"f09a55880e3b09d6cb229a866e4502fa54966f854ede628be98be27bf3949be6","reader_fragment":"p-138960-140735-757588a09f3502c2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-138960-140735-757588a09f3502c2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":139977,"character_end":140388,"quote":"require him to furnish security for \r\nhis appearance. \r\n \r\n(3) Any proceeding before the investigator shall be deemed to be a judicial proceeding within \r\nthe meaning of section 193 and section 228 of the Pakistan Penal Code, 1860 (Act XLV of 1860). \r\n \r\n(4) Any contravention of or non­compliance with any orders or directions of the investigator \r\nexercising powers of a court under sub­section (1) shall be a","quote_sha256":"3077466f92ef01dc72de36592ef7057ba33144d592b2a3ae63fcf068835720ca","reader_fragment":"p-138960-140735-757588a09f3502c2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-138960-140735-757588a09f3502c2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-2264cbf171a6bc4dff5c","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"104","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":166910,"character_end":166941,"quote":"104. Offences and penalties. — ","quote_sha256":"b3329526df6681b9c620a894800cef93159f283296bf6850a21253966ef5b84c","reader_fragment":"p-165229-166998-a9ab472685d99919","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-165229-166998-a9ab472685d99919","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-165229-166998-a9ab472685d99919","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":140415,"character_end":140426,"quote":"section 104","quote_sha256":"5f8634ac921bb868d93bf72075d0d6edfd942bf467843c9713edcdb104fe4363","reader_fragment":"p-138960-140735-757588a09f3502c2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-138960-140735-757588a09f3502c2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":140245,"character_end":140656,"quote":"avention of or non­compliance with any orders or directions of the investigator \r\nexercising powers of a court under sub­section (1) shall be an offence punishable under section 104. \r\n \r\nPART X \r\n \r\nPOWERS OF INTERVENTION BY COMMISSION IN RELATION TO LICENSED \r\nPERSONS \r\n \r\n86. Scope of powers under this Part. — (1)The powers conferred on the Commission under \r\nthis Part may be exercised in relation to any ","quote_sha256":"268d256fc88b4a972b1322732161d1b1f67d8a8ec9bd89efaaf45bcb6503cbd0","reader_fragment":"p-138960-140735-757588a09f3502c2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-138960-140735-757588a09f3502c2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-dfd4a519d0631ff07bb9","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"87","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":141924,"character_end":142244,"quote":"87. Restriction of business. (1) The Commission may,after recording reasons in writing, \r\nprohibit a licensed person and its customers from doing any one or more of the following, namely:— \r\n \r\n(a)  entering into transactions of a specified description, circumstances and extent \r\nor otherwise; or \r\n \r\n(b)  soliciting b","quote_sha256":"6d2d4b6f38925e734dbe15c8e83b1deb7af9cfbd746c7893de6a6df5b5eb62bc","reader_fragment":"p-140735-142481-f3d6396567fb55a1","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-140735-142481-f3d6396567fb55a1","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-87-141924","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":141387,"character_end":141397,"quote":"section 87","quote_sha256":"36729426ce4946ec41f5333f4327b497eb7317172b57fb152355bc1c4559957b","reader_fragment":"p-140735-142481-f3d6396567fb55a1","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-140735-142481-f3d6396567fb55a1","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":141217,"character_end":141627,"quote":"ission information that is false, \r\ninaccurate or misleading. \r\n \r\n(2) The Commission for reasons to be recorded may on its own motion exercise its powers \r\nconferred by section 87, 88 or 89. \r\n \r\n(3) For the purposes of this section, the Commission may take into account any matters that \r\ncould be taken into account in deciding whether to suspend or revoke a licence or take other punitive \r\nactions. \r\n \r\n(","quote_sha256":"ab90b6204aa61f5305c81079f90195bad4d6bcb8668a5b8cd56f360d29c91ba6","reader_fragment":"p-140735-142481-f3d6396567fb55a1","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-140735-142481-f3d6396567fb55a1","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-8674fcc71a837ed87469","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"98","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":159481,"character_end":159563,"quote":"98. Procedural requirements for exercise of disciplinary powers under this Part.— ","quote_sha256":"358e2613b8d198a37bc6e6b69a202bea6eada489fb7b79644869dc07ed6493fd","reader_fragment":"p-158241-159973-e9a12b65bfd648a3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-158241-159973-e9a12b65bfd648a3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-158241-159973-e9a12b65bfd648a3","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":148583,"character_end":148593,"quote":"section 98","quote_sha256":"f3d78ef2fac85f864c4253d832d6a934aeb4e9aa295819fd61f68afec08d0749","reader_fragment":"p-147765-149525-5a5029e58e6dd0cc","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-147765-149525-5a5029e58e6dd0cc","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":148413,"character_end":148823,"quote":" or suspend the operation of such an order. \r\n \r\nPART XI \r\n \r\nDISCIPLINE OF LICENSED PERSONS \r\n \r\n94. Disciplinary action in respect of licensed persons.— (1) Subject to section 98, where— \r\n \r\n(a)  a licensed person is, or was at any time, guilty of misconduct; or \r\n \r\n(b)  the Commission is of the opinion that a licensed person is not a fit and proper \r\nperson to remain a licensed person, \r\n \r\nthe Commiss","quote_sha256":"88ad95be6652ab617f05d885b9c4b3a1a9ead728adaee6282d0550114618ebd9","reader_fragment":"p-147765-149525-5a5029e58e6dd0cc","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-147765-149525-5a5029e58e6dd0cc","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-c8736d8ad939a36ac340","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"98","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":159481,"character_end":159563,"quote":"98. Procedural requirements for exercise of disciplinary powers under this Part.— ","quote_sha256":"358e2613b8d198a37bc6e6b69a202bea6eada489fb7b79644869dc07ed6493fd","reader_fragment":"p-158241-159973-e9a12b65bfd648a3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-158241-159973-e9a12b65bfd648a3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-158241-159973-e9a12b65bfd648a3","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":149540,"character_end":149550,"quote":"section 98","quote_sha256":"f3d78ef2fac85f864c4253d832d6a934aeb4e9aa295819fd61f68afec08d0749","reader_fragment":"p-149525-151225-73adc0fd0a980b01","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-149525-151225-73adc0fd0a980b01","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":149370,"character_end":149780,"quote":"ed person from applying for licensing under this Act \r\nfor such period or until the occurrence of such event as may be specified \r\nby the Commission. \r\n \r\n(2) Subject to section 98, where a licensed person is, or was at any time, guilty of misconduct, \r\nthe Commission may make one or more of the following orders, separately or in addition to any power \r\nexercisable under sub­section (1), that the licensed p","quote_sha256":"ea3491cf07448f76df68570c954ec0fc45f23412bacce5d7f863b2c3d8f16859","reader_fragment":"p-147765-149525-5a5029e58e6dd0cc","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-147765-149525-5a5029e58e6dd0cc","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-3009a94a3c788371c112","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"98","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":159481,"character_end":159563,"quote":"98. Procedural requirements for exercise of disciplinary powers under this Part.— ","quote_sha256":"358e2613b8d198a37bc6e6b69a202bea6eada489fb7b79644869dc07ed6493fd","reader_fragment":"p-158241-159973-e9a12b65bfd648a3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-158241-159973-e9a12b65bfd648a3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-158241-159973-e9a12b65bfd648a3","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":150385,"character_end":150395,"quote":"section 98","quote_sha256":"f3d78ef2fac85f864c4253d832d6a934aeb4e9aa295819fd61f68afec08d0749","reader_fragment":"p-149525-151225-73adc0fd0a980b01","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-149525-151225-73adc0fd0a980b01","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":150215,"character_end":150625,"quote":"ered to make a payment under sub­section (2) shall pay the sum to \r\nthe Commission within 15 days, or such further period as the Commission may specify by notice under \r\nsection 98, after the order has taken effect. \r\n \r\n(4) A licensed person commits an offence if he fails to comply with an order under \r\nsub­section(2). \r\n \r\n(5) In this section “misconduct” means \r\n \r\n(a)  a contravention of any of the prov","quote_sha256":"c2f51c53741b9d91b77eeae768f1ae8958ff1134ff96373317096e7dc29afc26","reader_fragment":"p-149525-151225-73adc0fd0a980b01","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-149525-151225-73adc0fd0a980b01","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-b4237dec7b28af552d4a","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"98","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":159481,"character_end":159563,"quote":"98. Procedural requirements for exercise of disciplinary powers under this Part.— ","quote_sha256":"358e2613b8d198a37bc6e6b69a202bea6eada489fb7b79644869dc07ed6493fd","reader_fragment":"p-158241-159973-e9a12b65bfd648a3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-158241-159973-e9a12b65bfd648a3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-158241-159973-e9a12b65bfd648a3","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":151236,"character_end":151246,"quote":"section 98","quote_sha256":"f3d78ef2fac85f864c4253d832d6a934aeb4e9aa295819fd61f68afec08d0749","reader_fragment":"p-151225-152989-dcc050e169625b14","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-151225-152989-dcc050e169625b14","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":151066,"character_end":151476,"quote":"and “guilty of \r\nmisconduct” shall be construed accordingly. \r\n \r\n(6) For the avoidance of doubt, any disciplinary action taken by the Commission under this \r\nsection or section 98 shall be without prejudice to any other action, whether civil or criminal, that may \r\nbe taken against the licensed person in respect of the; same conduct. \r\n \r\n \r\nPage 65 of 81 \r\n \r\n(7) In determining whether a licensed person i","quote_sha256":"cdf4bb1fbdf1f515129e74d7db25bf15380ac0e76ffcd633fa4d713d44ed126c","reader_fragment":"p-149525-151225-73adc0fd0a980b01","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-149525-151225-73adc0fd0a980b01","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-145a3f2156caae25b8b2","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"95","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":151633,"character_end":151681,"quote":"95. Determination of fit and proper criteria. — ","quote_sha256":"e39a6c6e1e77f941da0be40f1988d317c817c5ec5951fd3e02a71d4fe08a1eac","reader_fragment":"p-151225-152989-dcc050e169625b14","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-151225-152989-dcc050e169625b14","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-151225-152989-dcc050e169625b14","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":151616,"character_end":151626,"quote":"section 95","quote_sha256":"61b597a492a2a95e01a41d66766b02240aefdb9abc6f51354ba92f370af80246","reader_fragment":"p-151225-152989-dcc050e169625b14","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-151225-152989-dcc050e169625b14","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":151446,"character_end":151856,"quote":"ng whether a licensed person is a fit and proper person for the purposes of \r\nclause (b) of sub­section (1), the Commission shall have regard to the matters specified in section 95. \r\n \r\n95. Determination of fit and proper criteria. — (1) Subject to sub­section (2), the \r\nCommission shall prescribe the fit and proper criteria for licensed persons or, in case of company, \r\nmembers of the board of directors o","quote_sha256":"9c58a13d34895549c3cbc7db568cdb533d21c9e52b59440a288297173e120bab","reader_fragment":"p-151225-152989-dcc050e169625b14","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-151225-152989-dcc050e169625b14","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-ba2d72f6a6d01eabd6d4","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"98","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":159481,"character_end":159563,"quote":"98. Procedural requirements for exercise of disciplinary powers under this Part.— ","quote_sha256":"358e2613b8d198a37bc6e6b69a202bea6eada489fb7b79644869dc07ed6493fd","reader_fragment":"p-158241-159973-e9a12b65bfd648a3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-158241-159973-e9a12b65bfd648a3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-158241-159973-e9a12b65bfd648a3","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":154108,"character_end":154118,"quote":"section 98","quote_sha256":"f3d78ef2fac85f864c4253d832d6a934aeb4e9aa295819fd61f68afec08d0749","reader_fragment":"p-152989-154737-4e84386efcdd8027","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-152989-154737-4e84386efcdd8027","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":153938,"character_end":154348,"quote":"cant or the licensed \r\nperson carries on or proposes to carry on. \r\n \r\n96. Other circumstances for disciplinary action in respect of licensed persons. — (1) \r\nSubject to section 98, the Commission may cancel the licence of any person whether in relation to all \r\nor any of the activities for which he is licensed or suspend his licence, whether in relation to all or ally \r\nof the activities for which he is li","quote_sha256":"94629f987a4d4bc95e01b64007a3b7f53850dc9765d7edcc8d9afc63e83af2a2","reader_fragment":"p-152989-154737-4e84386efcdd8027","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-152989-154737-4e84386efcdd8027","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-6b96b0fed605be64d1b0","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"49","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":97922,"character_end":98218,"quote":"49. Representatives. No person shall act as a representative in carrying on business in any \r\nregulated activity or hold himself out as doing so, unless he is holder of a representative's licence \r\ngranted by the Commission for that regulated activity and is duly accredited to a principal. \r\n \r\n","quote_sha256":"45c31815c4b45d2c856e8a43b622a2a3ec9cb23afbef8921cf75703791f7ff69","reader_fragment":"p-96584-98354-d9a985310ac80770","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-96584-98354-d9a985310ac80770","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"provision-49-97922","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":156469,"character_end":156479,"quote":"section 49","quote_sha256":"a8bcf7a8a3a631f27e103bcf4aec61914bec1ca090820206f6e52494cbc785fe","reader_fragment":"p-154737-156486-e6a0fe776b061e0f","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-154737-156486-e6a0fe776b061e0f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":156299,"character_end":156709,"quote":"ition \r\napplicable in respect of the licence; \r\n \r\n(vi)  the company does not continue to employ at least one person who holds \r\na representative's licence granted under section 49; \r\n \r\n(vii)  the company is in breach of this Act, any rule, or any regulation made \r\nunder this Act; \r\n \r\n(viii)  fails to comply with a direction of the Commission; \r\n \r\n(ix)  fails to provide the Commission with information re","quote_sha256":"3dccfa32c77ad9f8c8ec26865e5664d8701b152ef3f229a6b937b6c7b29d2464","reader_fragment":"p-154737-156486-e6a0fe776b061e0f","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-154737-156486-e6a0fe776b061e0f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"resolution_scope":"numbered_heading_only","target_identification":"unique_main_heading_in_source_based_reader"},{"id":"internal-42d03c4fc2744a315a1a","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"54","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":103500,"character_end":103572,"quote":"54. Power of the Commission to issue directions to regulated persons. — ","quote_sha256":"68c4c4c24f767ce66099939581bcf29b67053823b063afccf70e5753841ebd39","reader_fragment":"p-101921-103721-6f1aac268d257554","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-101921-103721-6f1aac268d257554","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-101921-103721-6f1aac268d257554","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":157915,"character_end":157925,"quote":"section 54","quote_sha256":"53459eb9448b633e75219705683709186a0f3f2f3ce096ff5723516005645ba2","reader_fragment":"p-156486-158241-30e942d402d3a61f","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-156486-158241-30e942d402d3a61f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":157745,"character_end":158155,"quote":"nless he has obtained prior approval of the Commission not to do \r\nso; or \r\n \r\n(b)  he has ceased to carry on business under a direction issued by the Commission \r\nunder section 54. \r\n \r\n(5) Where the Commission suspends or cancels the licence of a licensed person under this \r\nsection, it shall cause notice of that fact to be disseminated in such manner as the Commission deems \r\nappropriate. \r\n \r\n97. Effect","quote_sha256":"192784be783d8cb12581143152aedb68984e6738612d167a090cf12d2541b20e","reader_fragment":"p-156486-158241-30e942d402d3a61f","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-156486-158241-30e942d402d3a61f","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-f5a64fe676a62df31823","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"94","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":148511,"character_end":148568,"quote":"94. Disciplinary action in respect of licensed persons.— ","quote_sha256":"67df9832860be14365b95a54e0e162a77eadcde9e30db006faddb74e78a9a0b1","reader_fragment":"p-147765-149525-5a5029e58e6dd0cc","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-147765-149525-5a5029e58e6dd0cc","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-147765-149525-5a5029e58e6dd0cc","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":159618,"character_end":159628,"quote":"section 94","quote_sha256":"8260f3d7c36bce37fde6842286ce16dd12a63d4632bc24ea103bb5e6d5ed1de2","reader_fragment":"p-158241-159973-e9a12b65bfd648a3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-158241-159973-e9a12b65bfd648a3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":159448,"character_end":159858,"quote":"the period of \r\nsuspension. \r\n \r\n98. Procedural requirements for exercise of disciplinary powers under this Part.— (1)The \r\nCommission shall not exercise any power under section 94 or 96 without first giving the licensed \r\nperson in respect of whom the power is to be exercised a reasonable opportunity of beig heard: \r\n \r\nProvided that where the Commission is satisfied that delay in the suspension of licence","quote_sha256":"1e3413ff28aae959a04c09aa7850bfe495badfbaa146c65fe41a028e8dbb9949","reader_fragment":"p-158241-159973-e9a12b65bfd648a3","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-158241-159973-e9a12b65bfd648a3","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-72ad5a2b7db7cb73dfb6","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"94","qualifier":null,"resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":148511,"character_end":148568,"quote":"94. Disciplinary action in respect of licensed persons.— ","quote_sha256":"67df9832860be14365b95a54e0e162a77eadcde9e30db006faddb74e78a9a0b1","reader_fragment":"p-147765-149525-5a5029e58e6dd0cc","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-147765-149525-5a5029e58e6dd0cc","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-147765-149525-5a5029e58e6dd0cc","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":160463,"character_end":160473,"quote":"section 94","quote_sha256":"8260f3d7c36bce37fde6842286ce16dd12a63d4632bc24ea103bb5e6d5ed1de2","reader_fragment":"p-159973-161727-eb8bbaf63985aad7","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-159973-161727-eb8bbaf63985aad7","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":160293,"character_end":160703,"quote":"ion may prescribe the manner in which the licensed person shall be given an \r\nopportunity to be heard. \r\n \r\n(3) Where the Commission decides to exerc ise any power under section 94 or 96, the \r\nCommission shall inform the licensed person in respect of whom the power is exercised of its decision \r\nto do so by notice in writing and the notice shall include— \r\n \r\n(a)  a statement of the reasons for which the d","quote_sha256":"a982c74dee84364be4c2793d4a6096fbbe7d14a85b322f501a09a95f45227adf","reader_fragment":"p-159973-161727-eb8bbaf63985aad7","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-159973-161727-eb8bbaf63985aad7","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"}},{"id":"internal-01a5d5ced4fc5e1f8994","source":"pk-code-624202bb2c4b9cab","target":"pk-code-624202bb2c4b9cab","provision_kind":"section","provision_number":"72","qualifier":"(insider trading)","resolution":"matched_operative_heading","target_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":124266,"character_end":124304,"quote":"72. Prohibition of insider trading. — ","quote_sha256":"3175e86a978091c6cf8a8926b55974b52c72149fa3c4df3e0bf37be503c47ecb","reader_fragment":"p-123081-124871-75560051b853e7a2","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-123081-124871-75560051b853e7a2","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"target_fragment":"p-123081-124871-75560051b853e7a2","evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":166985,"character_end":167015,"quote":"section 72 \r\n(insider trading)","quote_sha256":"aec1bfc9479cc5298296d43d5c0801bfb850c82f71796f2e90f9b149e8ae6e15","reader_fragment":"p-165229-166998-a9ab472685d99919","reader_url":"/laws/pk-code-624202bb2c4b9cab#p-165229-166998-a9ab472685d99919","source_url":"https://pakistancode.gov.pk/alpha/UY2FqaJw1-apaUY2Fqa-apaUY2Jvb54%3D-sg-jjjjjjjjjjjjj"},"context_evidence":{"record_id":"pk-code-624202bb2c4b9cab","text_version_id":"law:pk-code-624202bb2c4b9cab:sha256:486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","text_sha256":"486029ae59c4b95d3d54ba9695e9b41727782cdc56903451bb19b535f2e1a501","character_start":166815,"character_end":167245,"quote":"all be lawful for all  purposes and shall not constitute a \r\ngaming or wagering contract. \r\n \r\n104. 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