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The Bangladesh Insurance Corporation (Dissolution) Order, 1972 (President's Order)

( PRESIDENT'S ORDER NO. 161 OF 1972 )

2. In this Order, unless there is anything repugnant in the subject or context,-
 
 
 
 
(a) “Bangladesh Insurance Corporation” means the Bangladesh Insurance Corporation established by the Bangladesh Insurance Corporation Order, 1972 (P.O. No. 18 of 1972);
 
 
 
 
(b) “Corporation” means the Teesta Bima Corporation established by the Bangladesh Insurance (Nationalisation) Order, 1972 (P.O. No. 95 of 1972);
 
 
 
 
(c) “Government” means the Government of the People's Republic of Bangladesh;
 
 
 
 
(d) “Insurer” means an insurer as defined in the Insurance Act, 1938 (Act IV of 1938), who carries on Insurance business in Bangladesh and includes a provident Society as defined in section 65 of that Act;
 
 
 
 
(e) “Pakistan Insurance Corporation” means the Pakistan Insurance Corporation established by the Pakistan Insurance Corporation Act, 1952 (Act XXXVIII of 1952); and
 
 
(f) “subsidiary Corporation” means the Karnaphuli Bima Corporation, the Teesta Bima Corporation, the Surma Jiban Bima Corporation or the Rupsa Jiban Bima Corporation established by Article 4 of the Bangladesh Insurance (Nationalisation) Order, 1972 (P.O. No. 95 of 1972).

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Ministry of Law, Justice and Parliamentary Affairs