Bangladesh Fisheries Development Corporation Act, 1973.
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
A Corporation by the name of the Bangladesh Fisheries Development Corporation is established for purposes of development of the fishing industry of Bangladesh. "Fishing industry "includes also fish processing and marketing.
The Corporation shall have the following functions: (a) establish units for fishing, and for the preservation, processing, distribution and marketing of fish and fish products; (b) to advance loans to the fishing industry and cooperatives of fishermen; (c) encourage establishment of such cooperatives; (d) undertake monitoring of fish resources; (e) set up organizations for the exportation of fish and fish products, etc. The management of the Corporation shall be vested in the Board of Directors to be appointed by the Government. The Government may make rules for carrying out the purposes of this Act.
The Corporation shall have the following functions: (a) establish units for fishing, and for the preservation, processing, distribution and marketing of fish and fish products; (b) to advance loans to the fishing industry and cooperatives of fishermen; (c) encourage establishment of such cooperatives; (d) undertake monitoring of fish resources; (e) set up organizations for the exportation of fish and fish products, etc. The management of the Corporation shall be vested in the Board of Directors to be appointed by the Government. The Government may make rules for carrying out the purposes of this Act.
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Web site
Long title of text
An Act to provide for the establishment of the Bangladesh Fisheries Development Corporation.
Entry into force notes
This Act enters into force on 28 August 1973.
Notes
Consolidated version of the Bangladesh Fisheries Development Corporation Act, 1973 (Act No. XXII of 1973) as last amended by the Bangladesh Fisheries Development Corporation (Amendment) Ordinance, 1984 (Ordinance No. LXXIV of 1984).This Act repeals the Fisheries Development Corporation Ordinance, 1964 (E.P. Ordinance IV of 1964), and the Bangladesh Fisheries Development Corporation Ordinance, 1973 (Ordinance XVII of 1973).
Repealed
No
Source language
English
Legislation Amendment
No