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14/07/2024
Laws of Bangladesh

Bangladesh Bridge Authority Ordinance, 1985

( Ordinance NO. XXXIV OF 1985 )

Authority Fund
16. (1) There shall be a fund to be called the 1[Bangladesh Bridge Authority ] Fund which shall be utilised by the Authority to meet the charges in connection with its functions under this Ordinance.
 
 
 
 
2) To the credit of the 2[Bangladesh Bridge Authority ]Fund shall be placed-
 
 
 
 
(a) grants made by the Government;
 
 
 
 
(b) loans obtained from the Government;
 
 
 
 
(c) grants made by the local authorities;
 
 
 
 
(d) loans raised by the Authority from inside Bangladesh;
 
 
 
 
(e) foreign aid and loans obtained with the approval of the Government;
 
 
 
 
(f) sale proceeds of bonds issued by the Authority;
 
 
 
 
[(ff) tolls and fees collected by the Authority;]
 
 
 
 
(g) all other sums received by the Authority.
 
 
(3) The funds of the Authority shall be kept in such scheduled bank or banks as it may deem fit.

  • 1
    The words “Bangladesh Bridge Authority” were substituted for the words “Jamuna Multipurpose Bridge Authority” by section 10 of Jamuna Multipurpose Bridge Authority (Amendment) Act, 2009 (Act. No. LVI of 2009) (with effect from 18th December, 2007).
  • 2
    The words “Bangladesh Bridge Authority” were substituted for the words “Jamuna Multipurpose Bridge Authority” by section 10 of Jamuna Multipurpose Bridge Authority (Amendment) Act, 2009 (Act. No. LVI of 2009) (with effect from 18th December, 2007).
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