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The Industrial Development Corporation Ordinance, 1962

( Ordinance NO. XXXVII Of 1962 )

An Ordinance to establish an Industrial Development Corporation for 1[Bangladesh].

WHEREAS it is expedient to provide for the establishment of an Industrial Development Corporation for the purpose of promoting the economic and industrial development of [Bangladesh] and for matters ancillary thereto;
NOW, THEREFORE, in pursuance of the Proclamation of the seventh day of October, 1958, and in exercise of all powers enabling him in that behalf, the President is pleased to make and promulgate the following Ordinance:-

Short title, extent and commencement
1. 2[(1) This Ordinance may be called the Industrial Development Corporation Ordinance, 1962.
(2) It extends to the whole of Bangladesh.]
(3) It shall come into force at once.

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