5
Administration, etc., of the Associated Cement
Act: Associated Cement (Vesting) Act 1974
Section Provisions
ACT VII OF 1975 ACT VII OF 1975 ASSOCIATED CEMENT (VESTING) ACT, 1974 An Act to provide for the vesting of the Associated Cement in the State Cement Corporation of Pakistan Limited [Gazette of Pakistan, Extraordinary, Part I, 17th January 1975] The following Act of Parliament received the assent of the President .on the 13th January 1975, and is hereby published for general information :- 5. Administration, etc., of the Associated Cement.----(1) The Corporation shall, subject to the provisions of this Act, be competent to administer, control, operate, manage, reorganise or dispose of the Associated Cement in such manner as it deems fit. (2) In particular and without prejudice to the generality of the foregoing provision, the Corporation may, with the approval of the Federal Government, transfer the management of the Associated Cement to one or more companies sponsored by the Corporation and registered under the Companies Act, 1913 (VII of 1913).