The Bangladesh Fisheries Development Corporation Act, 1973

( ACT NO. XXII OF 1973 )

[ 21st September, 1973 ]
An Act to provide for the establishment of the Bangladesh Fisheries Development Corporation.

 
 
 
WHEREAS it is expedient to provide for the establishment of the Bangladesh Fisheries Development Corporation for the purpose of development of fishing industry in Bangladesh and for certain other matters connected therewith or ancillary thereto;
 
 
 
 
It is hereby enacted as follows:-
 
 
 
 
 

CONTENTS

SECTIONS

1. Short title, extent and commencement

2. Definitions

3. Establishment of the Corporation

4. Head Office, etc.

5. Capital

6. Functions of the Corporation

7. Management

8. Board of Directors

9. Appointment of Chairman

10. Duties of the Chairman and Director

11. Disqualifications of Directors

12. Meetings of the Board

13. Vacancies, etc., not to invalidate acts and proceedings of the Board

14. Appointment of officers, employees, consultants and committees

15. Public servants etc.

16. Delegation of powers

17. Borrowing power

18. Opening of Account

19. Investment of Fund

20. Profits

21. Annual Budget statement

22. Accounts and audit

23. Reports and returns

24. Power to make rules

25. Power to make regulations

26. Dissolution of the Corporation

27. Repeals and savings