17. (1) On the commencement of this Order, there shall be transferred to and vested in- (a) the Karnaphuli Bima Corporation the entire undertaking appertaining to the general insurance business of every insurer specified in Part A of the Schedule; (b) the Teesta Bima Corporation the entire undertaking appertaining to the general insurance business of every insurer specified in Part B of the Schedule ; (c) the Surma Jiban Bima Corporation the entire undertaking appertaining to the life insurance business of every insurer specified in Part C of the Schedule ; and (d) the Rupsa Jiban Bima Corporation the entire undertaking appertaining to the life insurance business of every insurer specified in Part D of the Schedule. ¹[(1A) The Government may, by notification in the official Gazette, make any addition to or omission from the list of insurer in any Part in the Schedule.] (2) Notwithstanding anything contained in this Order, a general subsidiary Corporation or a life subsidiary Corporation may, until the 31st day of December, 1972, use the name and seal of the insurer whose undertaking has been transferred to and vested in it under clause (1).