Section 513

Validation of laws.—(1) All amendments made to the Companies Ordinance, 1984 (XLVII of 1984) or any administered legislation through various Finance Acts shall be deemed to have been validly made from the date of commencement of such Acts.

(2) Notwithstanding anything contained in any other law, all orders made, proceedings taken and acts done, rules, regulations, instructions, notifications and other legal instruments made at any time before the promulgation of companies Ordinance, 1984 (XLVII of 1984) or any administered legislation, including appeals decided by the Appellate Bench of the Commission or authorization of investigation, enquiry and inspection by the Federal Government, the Commission or any officer of the Commission under delegated authority, the registrar or any other officer having authority under the law in exercise or purported exercise of powers under amendments made to Companies Ordinance, 1984 (XLVII of 1984) or any administered legislation through various Finance Acts, and that have now been promulgated as well as affirmed in terms of sub-section (1) of this section, are declared and affirmed to have been and shall be deemed to have always been, validly made, decided, taken or done.