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The Chittagong City Corporation Ordinance, 1982

( Ordinance NO. XXXV OF 1982 )

Chapter I

CORPORATION FUND AND PROPERTY

Application of Corporation Fund
56. The moneys credited from time to time to the Corporation Fund shall be applied in the following order of preference:-
 
 
 
 
firstly, in the payment of salaries and allowances to the Chief Executive Officer and other officers and employees of the Corporation;
 
 
 
 
secondly, in the repayment of loans;
 
 
 
 
thirdly, in meeting the expenditure charged on the Corporation Fund under this Ordinance;
 
 
 
 
fourthly, in the fulfilment of any obligation and in the discharge of any duty imposed on the Corporation under this Ordinance or under any other law for the time being in force;
 
 
 
 
fifthly, in meeting the expenditure declared by the Corporation, with the previous sanction of the Government, to be an appropriate charge on the Corporation Fund; and
 
 
 
 
sixthly, in meeting the expenditure declared by the Government to be an appropriate charge on the Corporation Fund.

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