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THE GRAMEEN BANK ORDINANCE, 1983

(ORDINANCE NO. XLVI OF 1983).
  Part No : Chapter No : Section No: [ 4th September, 1983  
  
 
এই আইন গ্রামীণ ব্যাংক আইন (২০১৩ সনের ৫৬নং আইন) দ্বারা রহিত করা হইয়াছে।
    An Ordinance to provide for the establishment of the Grameen Bank.
 
    WHEREAS it is expedient to establish a Grameen Bank to provide credit facilities and other services to landless persons in the rural areas and to provide for matters connected therewith or incidental thereto;



NOW, THEREFORE, in pursuance of the Proclamation of the 24th March, 1982, and in exercise of all powers enabling him in that behalf, the Chief Martial Law Administrator is pleased to make and promulgate the following Ordinance:-
 
CONTENTS
 
SECTIONS
 
1. Short title and extent
2. Definitions
3. Ordinance to override all other laws
4. Establishment of the Bank
5. Head Office, etc.
6. Authorised capital
7. Paid-up share capital
8. Direction and superintendence
9. Board
10. Chairman
11. Term of office of Directors
12. Filling of casual vacancy
13. Vacancy, etc., not to invalidate proceeding
14. Managing Director
15. Functions of Directors
16. Resignation
17. Meeting
18. Committee
19. Functions
20. Prohibited business
21. Bonds and debentures
22. Accounts
23. Audit
24. Returns
25. Reserve fund
26. Disposal of profit
27. Appointment of officers and other employees
28. Recovery of Bank dues
29. Delegation of powers
30. Indemnity
31. Penalty, etc.
32. Cognizance of offence
33. Exemption from taxes
34. Liquidation
35. Power to make rules
36. Power to make regulations
37. Grameen Bank Project to cease to exist
 
 

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