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The Chittagong Division Development Board Ordinance, 1976

( Ordinance NO. LXXXIX OF 1976 )

Functions of the Board
8. The functions of the Board shall be-
 
 
 
 
(a) to prepare projects and schemes for the development of Chittagong Division;
 
 
 
 
(b) to approve of projects and schemes involving not more than 1[twenty-five lakh] Taka each and to submit other projects and schemes to the Government for approval;
 
 
 
 
(c) to execute approved projects and schemes;
 
 
 
 
(d) to supervise execution of approved projects and schemes;
 
 
 
 
(e) to advance funds, on such terms and conditions as it may determine, for the execution of development schemes sponsored by various development agencies;
 
 
 
 
(f) to grant loans, on such terms and conditions as may be prescribed, to any person for setting up or development of any small-scale or cottage industry or project;
 
 
 
 
(g) to do such other acts and things as may be necessary or convenient to be done in connection with, or incidental or conducive to, the performance of the aforesaid functions.

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    The words “twenty-five lakh” were substituted for the words “ten lakh” by section 5 of the Development Boards Laws Amendment Act, 1980 (Act No. XIV of 1980)
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