Section 21Industries which may be aided

s. 21

21. Industries which may be aided State aid may be given- (a) in any of the forms specified in sub-section (1) of section 19 to (i) a new or nascent industry, (ii) an industry to be newly established in an area where such industries are undeveloped, and (iii) a cottage industry, including industries conducted by groups or organisations of artisans; (b) in the forms specified in clauses (b) and (g) (i) of the said sub-section to any industry except agriculture; and (c) in the forms specified in clause (h) of the said sub-section, to agriculture: Provided that no State aid shall be given to any joint stock company unless the company is registered in Bangladesh with a [Taka] capital, and the Government approves the composition of the Board of Directors of the company: Provided further that every recipient of State aid shall make such provision for the training of apprentices as may be prescribed.

1. 11. The word "Taka" was substituted, for the word "rupee" by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973)