The Bangladesh Biman Corporation Ordinance, 1977

( Ordinance NO. XIX OF 1977 )

[ 9th June, 1977 ]

এই আইন  বাংলাদেশ বিমান (Bangladesh Biman) (রহিত Bangladesh Biman Order, 1972 পুনর্বহাল এবং সংশোধন) আইন, ২০২৩ ( ২০২৩ সনের ৩৩ নং আইন )  দ্বারা রহিত করা হইয়াছে।
An Ordinance to provide for the establishment of the Bangladesh Biman Corporation.

 
 
 
WHEREAS it is expedient to provide for the establishment of a Corporation for the purpose of ensuring proper operation and development of air transport services and for matters connected therewith;
 
 
 
 
NOW, THEREFORE, in pursuance of the Proclamations of the 20th August, 1975, and 8th November, 1975, and in exercise of all powers enabling him in that behalf, the President is pleased to make and promulgate the following Ordinance:-
 
 
 

CONTENTS

SECTIONS

1. Short title

2. Definitions

3. Establishment of the Corporation

4. Head office, etc

5. Authorised Capital

6. Shares to be approved securities

7. Functions of the Corporation

8. Management

9. Board of Directors

10. Managing Director

11. Disqualifications of Directors

12. Meetings of the Board

13. Appointment of committees, etc

14. Appointment of officers, etc

15. Delegation of powers

16. Investment in securities

17. Borrowing powers

18. Budget

19. Accounts and audit

20. Reports, etc.

21. Programme of operation, etc.

22. Annual general meeting

23. Reserve fund

24. Formation of new companies

25. Indemnity of Directors

26. Protection of action taken in good faith

27. Public servants

28. Winding up of the Corporation

28A. Conversion of the corporation into a public limited company

29. Power to make rules

30. Power to make regulations

31. Repeal and savings