Board Fund
11. (1) There shall be formed a Fund to be known as the Chittagong Hill Tracts Development Board Fund which shall vest in the Board and shall be utilised by the Board to meet charges in connection with its functions under this Ordinance, including the payment of salaries and other remuneration to the officers and other employees of the Board.
(2) The Chittagong Hill Tracts Development Board Fund shall comprise-
(a) a non-lapsable revolving fund, not exceeding Taka two crore, to be granted by the Government;
(b) loans raised by the Board with the sanction of the Government;
(c) receipts from any other source.
Copyright © 2019, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs