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The Waqfs Ordinance, 1962 (East Pakistan Ordinance)

( Ordinance NO. I OF 1962 )

Chapter III

POWERS AND FUNCTIONS OF THE ADMINISTRATOR AND THE COMMITTEE

Creation of Reserve Fund
41. For the purpose of making provision for the pay¬ment of rent, rates and taxes due to Government or to any local authority and for the discharge of the expenses of repairs of the waqf property and for the preservation of the waqf property, Administrator may direct the creation and maintenance, in such manner as it may think fit, of a reserve fund from the income of a waqf.

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