3. (1) Notwithstanding anything contained in the Act or in any other law for the time being in force relating to registration of societies, bodies or associations of persons, no trade organisation shall be registered under the Act or such other law unless it holds a licence granted by the Government authorising it to be so registered.
(2) No licence shall be granted for registration under the Act to a trade organisation unless it is-
(a) a Federation of Chambers of Commerce and Industry, organised on all-Bangladesh basis, to represent Chambers and Associations referred to in clauses (b), (c) and (d):
Provided that a licence for registration as a Federation of Chambers of Commerce and Industry shall not be granted to more than one trade organisation;
(b) a Chamber of Industry organised on all-Bangladesh basis:
Provided that a licence for registration of such a Chamber shall not be granted to more than one trade organisation;
(c) a Chamber of Commerce and Industry organised to represent trades and industries of specific areas, such as, divisions, districts, upazilas and municipalities;
(d) an Association of trade or industry or of both, organised on all-Bangladesh basis, to represent specific trades or industries or both:
Provided that a licence for registration of such an Association shall not be granted to more than one trade organisation;
(e) a Town Association organised to represent trades and industries at a place at which there is no Chamber of Commerce and Industry:
Provided that such Town Association shall be affiliated to the Chamber of Commerce and Industry of the district in which the place is situated;
(f) a Group organised to represent specific trades or industries or both of specific areas, such as, divisions, districts, upazilas and municipalities:
Provided that there shall not be more than one Group representing specific trade or industry or both in a specific area, and no group shall be granted a licence where there is a registered Town Association.]
(3) A licence may be granted on such conditions and subject to such regulations as the Government may think fit to impose or prescribe and such conditions and regulations shall be binding on the trade organisation concerned and shall, if the Government so directs, be incorporated in the articles and memorandum of such trade organisation or in one of those documents.
(4) Any licence granted under section 26 of the Act before the commencement of this Ordinance to a trade organisation of any type specified in sub-section (2) shall be deemed to be a licence granted under sub-section (1) and all such licences granted before such commencement to other trade organisations shall stand revoked.
(5) A trade organisation holding a licence may be registered under the Act as a company with limited liability without the addition of the word “Limited” to its name and on such registration shall enjoy all the privileges of a limited company and be subject to all its obligations except those of-
(a) using the word “Limited” as any part of its name;
(b) publishing its name; and
(c) sending lists of members to the registrar.
(6) The Government may, by notification in the official Gazette, grant exemption to any trade organisation from any provision of this section and such exemption may be for such period and subject to such conditions as may be specified in the notification.
(7) No licence shall be granted to a trade organisation unless the promoters or organisers thereof have, before its formation, by a notice published in-
(a) at least two national daily newspapers, in the case of a trade organisation intended to be formed on all-Bangladesh basis;
(b) a local or regional newspaper, in the case of any other trade organisation,
declared their intention to form the trade organisation and the aims and objects thereof.
(8) No trade organisation shall function or engage in any activities without first obtaining a licence under this Ordinance.]