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The Bangladesh Shishu Academy Ordinance, 1976

( Ordinance NO. LXXIV OF 1976 )

Fund of the Academy
12. (1) There shall be a fund of the Academy to which shall be credited-
(a) grants and loans from the Government;
(b) loans raised in Bangladesh;
(c) aids and grants received from foreign countries or organisations with the prior approval of the Government;
(d) donations and endowments;
(e) income from investments and properties; and
(f) all other receipts of the Academy.
(2) The fund shall be utilised by the Academy to meet charges in connection with the functions under this Ordinance and all payments of the Academy shall be made out of that fund.
(3) All moneys of the Academy shall be deposited with any bank.

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