Energy Regulatory Commission Act, 2003 (Act No. 13 of 2003). Country/Territory Bangladesh Document type Legislation Date 2003 (2005) Source FAO, FAOLEX Long titleAn Act to make provisions for the establishment of an independent and impartial regulatory commission for the energy sector. Subject Energy Keyword Energy conservation/energy production Institution Policy/planning Transport/storage Authorization/permit Offences/penalties Geographical area Asia, Least Developed Countries, Southern Asia Abstract The Act consists of 14 Chapters divided into 66 sections. This Act provides for the establishment of the Bangladesh Energy Regulatory Commission to encourage private investment in the generation of electricity, and transmission, transportation and marketing of gas resources and petroleum products, etc. (Chapter 2). Chapters 3 and 4 deal with financial matters of the Commission, and with its functions, powers and proceedings. The Government shall have the power to give policy directives for the d Full text English