The Famine Insurance Fund Act, 1937 (Bengal Act)

( ACT NO. III OF 1938 )

[ 5th May, 1938 ]
An Act to provide for the establishment and maintenance in Bangladesh of a Fund called the Bangladesh Famine Insurance Fund for expenditure upon relief of, and insurance against, famine and distress caused by serious drought, flood, earthquake or other natural calamities.1♣

 
 
 
WHEREAS it is expedient to provide for the establishment and maintenance in Bangladesh of a Fund for expenditure upon relief of, and insurance against, famine and distress caused by serious drought, flood, earthquake, or other natural calamities;
 
 
 
 
It is hereby enacted as follows:-
 
 
 

CONTENTS

SECTIONS

1.Short title

2.Definition

3.Establishment of the Bangladesh Famine Insurance Fund

4.Initial contribution to the Famine Insurance Fund by Government

5.Purposes for which the Fund may be utilised

6.Investment and re-investment of amount not required.

7.Accounts of the Fund and making up of the deficiency in the Fund

8.Contributions under the Act to be charged upon the revenues of Government

9.Power of Government to make rules