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The Bangladesh Biman Corporation Ordinance, 1977

( Ordinance NO. XIX OF 1977 )

Repeal and savings
31. (1) The Bangladesh Biman Order, 1972 (P.O. No. 126 of 1972), hereinafter referred to as the said Order, is hereby repealed.
 
 
 
 
(2) Upon the repeal of the said Order-
 
 
 
 
(a) all assets, rights, powers, authorities and privileges and all property, movable and immovable, including lands, buildings, works, vehicles, workshops, aircrafts, cash balance, reserve funds, bank deposits, investments and all other rights and interests in, or arising out of, such property of the Bangladesh Biman established by the said Order, hereinafter referred to as the Biman, shall stand transferred to, and vest in, the Corporation;
 
 
 
 
(b) all debts and liabilities incurred, all obligations undertaken, all contracts entered into and all agreements made by or with the Biman before such repeal shall be deemed to have been incurred, undertaken, entered into or made by or with the Corporation;
 
 
 
 
(c) all suits and other legal proceedings instituted by or against the Biman before such repeal shall be deemed to have been instituted by or against the Corporation and may be continued or proceeded with accordingly;
 
 
 
 
(d) all officers, consultants, advisers, auditors and other employees of the Biman shall stand transferred to the Corporation and shall be deemed to have been appointed or engaged by the Corporation on the same terms and conditions as were applicable to them immediately before such repeal:
 
 
 
 
Provided that the Government or the Corporation may alter their remuneration or terms and conditions of service whenever it deems fit so to do.
 
 
 
 
(3) The Government may, for the purpose of removing any difficulty in relation to the transfer or other matter specified in sub-section (2), make such orders as it considers expedient and any such order shall be deemed to be, and given effect to as, part of the provisions of this Ordinance.
 
 

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