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In forceACT NO. XV OF 1957 · 21st May, 1957

The Film Development Corporation Act, 1957 (East Pakistan Act)

ফিল্ম উন্নয়ন কর্পোরেশন আইন, ১৯৫৭ (পূর্ব পাকিস্তান আইন)

An Act to establish a Corporation for the purpose of promoting the development of film industry in Bangladesh.♣

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Contents

  1. PreamblePreamble
  2. Section 1Short title, extent and commencement
  3. Section 2Interpretation
  4. Section 3Establishment and incorporation of Corporation
  5. Section 4Share capital and shareholders
  6. Section 5Approved securities
  7. Section 6Management
  8. Section 7Board of Directors
  9. Section 8Terms of office of Directors
  10. Section 9Managing Director
  11. Section 10Constitution and powers of the Executive Committee
  12. Section 11Disqualification for the office of Director
  13. Section 12Directors absent from three consecutive meetings
  14. Section 13Appointment of officers, advisers and consultants
  15. Section 14Chairman of the Board
  16. Section 15Technical Advisory Committee
  17. Section 16Restriction on disclosure of information
  18. Section 17Meetings of the Board and the Committee and quorum thereof
  19. Section 18Fees for attending meetings
  20. Section 19Offices
  21. Section 20Deposit accounts
  22. Section 21Investment of funds
  23. Section 22Borrowing power
  24. Section 23Deposits
  25. Section 24Functions of the Corporation
  26. Section 25Limit of accommodation
  27. Section 26Security for loans
  28. Section 27Interest on loans
  29. Section 28Limit of loans
  30. Section 29Power to impose conditions
  31. Section 30Prohibited business
  32. Section 31Loans in foreign currency
  33. Section 32Power to demand immediate payment of the entire sum
  34. Section 33Certification of sums recoverable
  35. Section 34Special provisions for enforcement of the claims of the Corporation
  36. Section 35Act XVIII of 1891 to apply to the books of the Corporation
  37. Section 36Disposal of profit
  38. Section 37General meetings
  39. Section 38Audit
  40. Section 39Returns
  41. Section 40Liquidation of Corporation
  42. Section 41Indemnity of Directors
  43. Section 42Declaration of fidelity and secrecy
  44. Section 43Provision relating to income-tax and super-tax
  45. Section 44Offences
  46. Section 45Power of Government to make rules
  47. Section 46Power of the Board to make regulations