The Khulna Development Authority Ordinance, 1961 (East Pakistan Ordinance)
(
Ordinance
NO. II OF 1961
)
[ 21st January, 1961 ]
Chapter V
FINANCE
Loans
Authority to be deemed to be a local Authority
49. 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.