THE FOREST INDUSTRIES DEVELOPMENT CORPORATION ORDINANCE, 1959
(EAST PAKISTAN ORDINANCE NO. LXVII OF 1959).
An Ordinance to establish a Corporation for the purpose of promoting the development of Forest Industries in Bangladesh. 1
WHEREAS it is expedient to establish a Corporation for the purpose of promoting the development of Forest Industries and industries based on forest products and water resources in the Forest areas in Bangladesh.
NOW, THEREFORE, in pursuance of the Presidential Proclamation of the seventh day of October, 1958, the Governor is pleased in exercise of all powers enabling him in that behalf, to make and promulgate the following Ordinance.
CONTENTS
SECTIONS
1. Short title, extent and commencement
2. Interpretation
3. Establishment and incorporation
4. Share Capital
5. Management
6. Appointment and terms of office of Directors
7. Chairman
8. Disqualification of Directors
9. Appointment of officers, etc.
10. Meeting of the Board
11. Head Office
12. Deposit Account
13. Investment Funds
14. Business which the Corporation shall transact
15. Audit
16. Account
17. Annual Report
18. Power of Government to make rules
19. Power of Board to make Regulations
20. Power to amend schedule
21. Repeal of East Pakistan Ordinance LXIII of 1958
