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The Bangladesh Handloom Board Ordinance, 1977

( Ordinance NO. LXIII OF 1977 )

Fund of the Board
10. (1) There shall be a fund of the Board to which shall be credited-
 
 
 
 
(a) the grants and loans received 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) income from investments and properties; and
 
 
 
 
(e) fees, if any, collected by the Board.
 
 
 
 
(2) The fund of the Board shall be utilised by the Board to meet charges in connection with its functions under this Ordinance and all payments of the Board shall be made out of that Fund.
 
 
 
 
(3) The fund of the Board shall be kept in such bank or banks as may be approved by the Board.

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