1. (1) This Order may be called the Bangladesh ²[ * * *] Power Development Boards Order, 1972.



(2) It extends to the whole of Bangladesh.



(3) It shall come into force at once.

2. In this Order, unless there is anything repugnant in the subject or context,-



(a) “Board” means ³[ * * *] the Power Board;



(b) “Chairman” means the Chairman of a Board;



(c) “controlled station” means a power generating station declared as a controlled station under clause (d) of Article 15;





(d) “Government” means the Government of the People's Republic of Bangladesh;



(e) “land” includes benefits to arise out of land and things attached to the (earth or permanently fastened to anything attached to the) earth;



(f) “member” means a member of a Board;



(g) “power” includes hydraulic as well as thermal power, electrical energy, steam, gas or any other power notified as such by the Government in the official Gazette;



(h) “Power Board” means the Bangladesh Power Development Board constituted by this Order;



(i) “prescribed” means prescribed by rules made under this Order;



(j) “undertaking” includes any business, project, scheme, asset, right, power, authority and privilege and any property movable and immovable, including land, building, work, machinery, cash or bank balance, reserve fund, investments, and any other right and interest in, or arising out of, such property and any book of accounts, register, record and any other document of whatever nature relating thereto; 



⁴[ * * *]

3. (1) On the commencement of this Order, there shall be constituted, for carrying out the purposes of this Order, two Boards-one to be called ⁵[ * * *] the Bangladesh Power Development Board.



(2) Each Board shall be a body corporate, having perpetual succession and a common seal with power, subject to the provisions of this Order, to acquire, hold and dispose of property, both movable and immovable, and shall by its name sue and be sued.

⁶[ 3A. The authorised share capital of the Power Development Board shall be Taka five hundred crores to be subscribed by the Government in the manner determined by it and may, with the previous approval of the Government, be increased from time to time by the Board.]

4. ⁷[ ⁸[ * * *]



(1A) The Power Board shall consist of a Chairman and not more than six other members to be appointed by the Government.]



(2) No act or proceeding of a Board shall be invalid merely on the ground of existence of any vacancy in, or any defect in the constitution of the Board.



(3) Each Board shall, in discharging its functions, be guided by such directions as the Government may give from time to time.

5. (1) The Chairman and other members shall hold office for such period and on such terms and conditions as the Government may determine.



(2) The Government may at any time terminate the appointment of the Chairman or any other member without assigning any reason.