Establishment and incorporation
3. (1) As soon as may be after the commencement of this Ordinance, the Government shall establish a Corporation to be called “The Bangladesh Forest Industries Development Corporation”.
(2) The Corporation shall be a body corporate having perpetual succession and a common seal with power, subject to the provisions of this Ordinance, to acquire, hold and dispose of property both movable and immovable and shall by the said name sue and be sued.
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Ministry of Law, Justice and Parliamentary Affairs
