Lawvision (Pakistan) Print Page OilAnd Gas Development Corporation Ordinance, 1961 THEOIL AND GAS DEVELOPMENTCORPORATION ORDINANCE, 1961 SectionsContents1 Short title, extent and commencement2 Definition3 Establishment and incorporation4 Management5 Board of Directors6 Chairman of the Board7 Managing Director7-A Secretary of the Board8 Disqualifications of Directors9 Vacancies, etc., not to invalidate acts and proceedings of the Board10 Meetings of the Board11 Head Office12 Functions of the Corporation13 Powers of the Corporation14 Fund of the Corporation15 Investment of funds16 Borrowing of money17 Budget18 Accounts and audit19 Reports and returns20 Corporation to have certain rights, liabilities and obligations of the Central Government21 Formation of subsidiary companies22 Appointment of officers, advisers and servants23 Declaration of fidelity and secrecy24 Power to acquire land25 Power of entry26 Delegation of powers27 Directors, etc., deemed to be public servants28 I...