An Ordinance to repeal the Bangladesh Government Hats and Bazars (Management) Order, 1972. WHEREAS it is expedient to repeal the Bangladesh Government Hats and Bazars (Management) Order, 1972 (P.O. No. 73 of 1972); NOW, THEREFORE, in pursuance of the Proclamations of the 20th August, 1975, and 8th November, 1975 and in exercise of all powers enabling him in that behalf, the President is pleased to make and promulgate the following Ordinance:-
This Ordinance may be called the Bangladesh Government Hats and Bazars (Management) (Repeal) Ordinance, 1975.
(1) The Bangladesh Government Hats and Bazars (Management) Order, 1972 (P.O. No. 73 of 1972), hereinafter referred to as the said Order, is hereby repealed.
(2) All moneys and funds, whether in any account or otherwise, which immediately before the repeal under sub-section (1), were, for the purposes of the said Order, in the possession or under the control of a Committee constituted under Article 5 of that Order shall stand transferred to and vest in the Government.