3. (1) As soon as may be after the commencement of this Ordinance, the Government may, by notification in the official Gazette, establish an Academy to be called the Bangladesh Shishu Academy. (2) The Academy shall be a body corporate having perpetual succession and a common seal with power, among others, to acquire, hold, manage and dispose of property, both movable and immovable, and shall by the said name sue and be sued. (3) The headquarters of the Academy shall be at Dacca.