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SECP defers transfer pricing till December 31

KARACHI (July 26 2005): The Securities and Exchange Commission of Pakistan (SECP) has granted further exemption from application of clause 6 of Part I of the Fourth Schedule to the Companies Ordinance, 1984 till December 31, 2005.

It has also vide its letter No SMD/SE/2 (85) 2003 dated July 20, 2005, directed all the three stock exchanges to defer the implementation/applicability of regulations relating to Transfer Pricing which form part of their respective listing regulations till December 31, 2005.

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