Print View

[Section Index]

The Insurance Corporations Act, 1973

( ACT NO. VI OF 1973 )

[ 23rd June, 1973 ]

Capital
5. The authorised capital of each Corporation shall be Taka 1[twenty] crore to be subscribed by the Government from time to time according to the requirements of the Corporation and in such form and manner as may be prescribed.
  • 1
    The word “twenty” was substituted for the word “five” by section 2 of the Insurance Corporations (Amendment) Ordinance, 1986 (Ordinance No. VIII of 1986)
Copyright © 2019, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs