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The Bangladesh (Freedom Fighters) Welfare Trust Order, 1972 (President's Order)


5. (1) The functions of the Trust shall be to provide for the welfare of the beneficiaries and to provide assistance for their relief and rehabilitation, and to acquire property, to promote, establish, maintain and manage commercial and industrial undertakings and to do all things considered necessary for the discharge of the said functions.
(2) Without prejudice to the generality of the foregoing provision, the Trust shall, in particular, have power-
(a) to give assistance, in cash or kind, for the welfare, relief and rehabilitation of one or more beneficiaries;
(b) to promote, establish, undertake and manage projects and schemes the object of which is the welfare of one or more beneficiaries;
(c) to establish and maintain clinics, dispensaries or hospitals for specialised treatment of disabled freedom fighters;
(d) to establish and maintain rehabilitation and training centres and homes for disabled freedom fighters;
(e) to provide vocational training facilities to beneficiaries;
(f) to sanction pension to such beneficiaries as are unable to pursue normal vocations;
(g) to award scholarships and stipends to deserving beneficiaries for prosecution of studies;
(h) to acquire, hold and dispose of property, both movable or immovable;
(i) to promote, establish, own, possess, manage, maintain and dispose of any industrial or commercial undertakings, with the prior approval of the Government, for the benefit of beneficiaries;
(j) to accept the management of any trust fund or endowment in which the Trust is interested;
(k) to receive moneys, securities, instruments or any other movable property for and on behalf of the Trust;
(l) to invest the moneys and funds of the Trust and to vary the investments as and when it may deem necessary or proper;
(m) to purchase, sell, endorse, transfer, negotiate or otherwise deal in securities of the Government and any other securities as approved by the Government;
(n) to raise loans for its enterprises and undertakings and for this purpose, to pledge, hypothecate, mortgage or otherwise charge the properties of the Trust;
(o) to enter into contracts, engagements, arrangements and execute necessary documents;
(p) to do such other things as may be considered necessary or expedient for carrying out the purposes of this Order including complying with orders and directions issued by the Government from time to time;
(q) to do all other things as may be prescribed.

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