Trade Organizations

Trade Organizations

The Federal Government unless the applicant is a trade organization and intended to be formedas any of the types of trade organizations specified in Trade Organization Act.
 
It represents a specific area or trade or industry or service or any combination thereof;
 
In case of a chamber it has a minimum of one hundred and fifty members who are either permanently domiciled in the relevant district or have a substantial business interest such as an industrial concern, corporate business entity or are being assessed for the purposes of income tax and sales tax in the territorial jurisdiction of the proposed chamber; 
 
In case of a chamber of small traders it has a minimum of three hundred members, who shall be permanently domiciled in the relevant district or have a substantial business interest such as industrial concern, 
 
In case of an association,– 
 
(i) it has one hundred members; or (ii) where due to the size and nature of trade, industry or service, there are less than one hundred members but the combined revenue of the sector is significant 
(ii)  its members are stakeholders in the relevant trade or industry or service ;or
(iii) its membership is on all-Pakistan basis unless it has been established to the satisfaction of the Federal Government that the nature of the trade, industry, service or any combination thereof renders it impractical or impossible to have membership on all Pakistan basis;
 
Memorandum of association and bye-laws– Memorandum of association of trade organization, including but not limited to the organizational structure and any bye-laws of a trade organization shall be within the provisions of these rules, the Act, the Ordinance and the public notices issued by the Federal Government from time to time provided that any amendment made in memorandum of association and by-laws shall be notified to the Regulator by the trade bodies