Skip to content

The Bangladesh Insurance Corporation (Dissolution) Order, 1972 (President's Order)

Section 2Section 2

In force

s. 2

2 In this Order, unless there is anything repugnant in the subject or context,- (a) “Bangladesh Insurance Corporation” means the Bangladesh Insurance Corporation established by the Bangladesh Insurance Corporation Order, 1972 (P.O. No. 18 of 1972); (b) “Corporation” means the Teesta Bima Corporation established by the Bangladesh Insurance (Nationalisation) Order, 1972 (P.O. No. 95 of 1972); (c) “Government” means the Government of the People's Republic of Bangladesh; (d) “Insurer” means an insurer as defined in the Insurance Act, 1938 (Act IV of 1938), who carries on Insurance business in Bangladesh and includes a provident Society as defined in section 65 of that Act; (e) “Pakistan Insurance Corporation” means the Pakistan Insurance Corporation established by the Pakistan Insurance Corporation Act, 1952 (Act XXXVIII of 1952); and (f) “subsidiary Corporation” means the Karnaphuli Bima Corporation, the Teesta Bima Corporation, the Surma Jiban Bima Corporation or the Rupsa Jiban Bima Corporation established by Article 4 of the Bangladesh Insurance (Nationalisation) Order, 1972 (P.O. No. 95 of 1972).

End of s. 2.

Read the contents: The Bangladesh Insurance Corporation (Dissolution) Order, 1972 (President's Order)