General direction of the affairs and functions of the Institute
5. (1) Subject to the rules and regulations, the general direction of the affairs and functions of the Institute shall vest in a Board which shall have full authority to determine and execute the policies and undertakings of the Institute within the frame-work of the policy directives issued by the Government.
(2) Without prejudice to the generality of the foregoing provisions, the Board shall, in particular, have power to-
(a) exercise general supervision over the affairs of the Institute;
(b) approve the course of study of the Institute in broad outline;
(c) request for, and receive, grants-in-aid from the Government and other aid-giving agencies;
(d) borrow money in Bangladesh or any foreign currency;
(e) approve budget for submission to the Government for final approval and obtain funds from the Government to carry out the purposes of the Institute.
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Ministry of Law, Justice and Parliamentary Affairs