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The International Financial Organisations Order, 1972 (President's Order)

( PRESIDENT'S ORDER NO. 86 OF 1972 )

 
 
6. (1) There shall be paid out of the Consolidated Fund of the Government all sums required for the redemption of any notes or obligations created and issued to the Bangladesh Bank under clause (4) of Article 4.
 
 
 
 
(2) All sums received by or on behalf of the Government from the Fund, the Bank and the Association other than sums received by reason of operations of the Bangladesh Bank under Article V or Article VII or Article VIII or 1[Article XIX] of the Fund Agreement shall be paid into the Consolidated Fund of the Government and the sums so received, in so far as they represent capital, shall, unless otherwise provided in that behalf by any written law, be applied from time to time as the Government may direct in the redemption of notes or other obligations issued to the Bangladesh Bank under this Order.

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    The word and figure “Article XIX” were substituted for the word and figure “Article XXV” by section 7 of the International Financial Organisations (Amendment) Ordinance, 1976 (Ordinance No. XCIV of 1976)
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