Print

19/01/2022
Laws of Bangladesh

The Khulna City Corporation Ordinance, 1984

( Ordinance NO. LXXII OF 1984 )

Chapter I

CORPORATION FUND AND PROPERTY

Constitution of Corporation Fund
52. (1) There shall be formed a fund for the Corporation which shall be known as the Corporation Fund.
 
 
 
 
(2) To the credit of the Corporation Fund formed under sub-section (1) shall be placed-
 
 
 
 
(a) the proceeds of all taxes, rates, cesses, tolls, fees and other charges levied by the Corporation under this Ordinance;
 
 
 
 
(b) all rents and profits payable or accruing to the Corporation from the property vested in or managed by the Corporation;
 
 
 
 
(c) all sums received by the Corporation in the performance of its functions under this Ordinance or under any other law for the time being in force;
 
 
 
 
(d) all sums contributed by individuals or institutions or other local authorities;
 
 
 
 
(e) all receipts accruing from the trusts placed under the management of the Corporation;
 
 
(f) all grants made by the Government or other authorities;
 
 
 
 
(g) all loans raised and all profits accruing from investments; and
 
 
 
 
(h) such proceeds from such sources of income as the Government may direct to be placed at the disposal of the Corporation.

Copyright © 2019, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs