Azad Kashmir Logging and Saw-Mill Corporation Ordinance, 1968 (Ordinance IV of 1968).

This Ordinance provides for the establishment of a Corporation to implement the Logging and Saw-Mill Complex Scheme in the Azad Jammu and Kashmir Territory. The Corporation is a body corporate having perpetual succession and a common seal with powers, among others, to acquire, hold and dispose of property; and shall by its name sue and be sued. The Head Office of the Corporation shall be at Muzaffarabad but the Government may, by notification in the official Gazette, transfer it to some other place as may be specified in such notification. There shall be a fund to be known as the 'Corporation Fund' vested in the Corporation which shall comprise, in the first instance, of an amount of Rs. 40 lakhs and which shall be utilized by the Corporation to meet expenses in connection with the performance of its functions under this Ordinance. The Corporation shall undertake the implementation of the Scheme and any other schemes incidental thereto and exercise technical supervision and administrative and financial control over the execution thereof. The Corporation shall take such steps as may be necessary for the installation and operation of Logging and Saw-Mill Complex as mentioned in the Contract.