WHEREAS it is expedient to consolidate and amend the law relating to trade in jute [and jute manufactures] in order to provide for measures for the regulation and promotion of internal and international trade therein, for the licensing of [traders in jute, jute manufacturers and owners of] kutcha and pucca jute presses, for the collection of statistics in respect of the Jute trade and industry, and for the levying of a cess on jute; AND WHEREAS the national interest of Bangladesh in relation to the economic and financial stability of Bangladesh so requires; AND WHEREAS the National Assembly is not in session and the Speaker, acting as President under Article 16 of the Constitution, is satisfied that circumstances exist which render immediate legislation necessary; NOW, THEREFORE, in pursuance of Article 16 of the Constitution and in exercise of the powers conferred by Article 29 of the Constitution read with clause (2) of Article 131 thereof and of all other powers enabling him in that behalf, the Speaker, acting as President, makes and promulgates the following Ordinance:-