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15/06/2024
Laws of Bangladesh

The Bangladesh Krishi Bank Order, 1973 (President's Order)

( PRESIDENT'S ORDER NO. 27 OF 1973 )

2. In this Order, unless there is anything repugnant in the subject or context,-
 
 
 
 
(a) “agriculture” includes the raising of crop of any kind, horticulture, forestry, fishery, animal husbandry, poultry farming, dairying, bee-keeping and sericulture and other agro-industries;
 
 
 
 
(b) “agriculturist” means any individual engaged in agriculture or in the development of agriculture or agricultural products or in storage, warehousing, marketing or processing of agricultural produce, and any public or private limited company or co-operative society incorporated or registered by or under any law for the time being in force and so engaged, and any person, company or co-operative society incorporated or registered as aforesaid, who satisfies the Bank that the loan to be taken shall be spent on agriculture or the development of agricultural products or on the storage, warehousing, or marketing of agricultural products;
 
 
 
 
(c) “Agricultural Development Bank of Pakistan” means the Agricultural Development Bank of Pakistan established by the Agricultural Development Bank of Pakistan Ordinance, 1961;
 
 
 
 
(d) “Agricultural Development Bank of Bangladesh” means the Agricultural Development Bank of Bangladesh which took up the functions of the Agricultural Development Bank of Pakistan within the territory of Bangladesh immediately on the liberation of Bangladesh on the 16th December, 1971;
 
 
 
 
(e) “Auditor-General” means the Comptroller and Auditor-General of Bangladesh;
 
 
 
 
(f) “Bank” means the Bangladesh Krishi Bank established under this Order;
 
 
 
 
(g) “Board” means the Board of Directors of the Bank;
 
 
 
 
(h) “Bangladesh Bank” means the Bangladesh Bank established under the Bangladesh Bank Order, 1972 (P. O. No. 127 of 1972);
 
 
 
 
(i) “Chairman” means the Chairman of the Board;
 
 
 
 
(j) “co-operative society” means a society registered in Bangladesh under any law for the time being in force relating to registration of co-operative societies;
 
 
 
 
(k) “cottage industry” means any industry which is carried on wholly or mainly by the members of a family either as a whole-time or as a part-time occupation or by a group of such persons who have formed themselves into a co-operative society;
 
 
 
 
(l) “Government” means the Government of the People's Republic of Bangladesh;
 
 
(m) “Managing Director” means the Managing Director of the Bank;
 
 
 
 
(n) “prescribed” means prescribed by rules or regulations made under this Order;
 
 
 
 
(o) “small agriculturist” means an agriculturist in occupation of a holding which is normally tilled by himself and the members of his family.

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Ministry of Law, Justice and Parliamentary Affairs