The Chittagong Development Authority Ordinance, 1959 (East Pakistan Ordinance)
(
Ordinance
NO. LI OF 1959
)
[ 27th July, 1959 ]
Chapter V
FINANCE
Loans
Authority to be deemed to be a local Authority
47. The Authority shall be deemed to be a local authority under the Local Authorities Loans Act, 1914, for the purpose of borrowing money under the said Act, and the making and execution of any scheme under this Ordinance shall be deemed to be a work which such Authority is legally authorised to carry out.