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The Bangladesh Oil, Gas and Mineral Corporation Ordinance, 1985

( Ordinance NO. XXI OF 1985 )

[ 11th April, 1985 ]

Establishment of the Corporation
3. (1) There shall be established a Corporation to be called the Bangladesh Oil, Gas and Mineral Corporation for carrying out the purposes of this Ordinance.
 
 
 
 
1[(1A) The Corporation may also be called PETROBANGLA.]
 
 
 
 
(2) The Corporation shall be a body corporate, having perpetual succession and a common seal with power to acquire, hold and dispose of property, both movable and immovable, and shall by the said name sue and be sued.
  • 1
    Sub-section (1A) was inserted by section 2 of the Bangladesh Oil, Gas and Mineral Corporation (Amendment) Act, 1989 (Act No. XI of 1989).
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