The Agricultural Development Corporation Ordinance, 1961 (East Pakistan Ordinance)
(
Ordinance
NO. XXXVII OF 1961
)
[ 16th October, 1961 ]
Chapter VIII
FINANCE
Power of the Corporation to borrow money
48. The Corporation shall be deemed to be a local authority under the Local Authorities Loans Act, 1914, for the purposes of borrowing money under that Act, and the making and execution of any scheme or project under this Ordinance shall be deemed to be a work which such authority is legally authorised to carry out: