Section 132Signing of orders under section 130 and cheques

s. 132

132. Signing of orders under section 130 and cheques [All orders for making any deposit, investment, withdrawal or disposal under section 130, and all cheques referred to in section 131 shall be signed by the Chairman and a member authorised by the Kartripakkha or an officer of the Kartripakkha to be specified by it: Provided that the Chairman may, with the approval of the Kartripakkha, empower any member to sign the cheques in his place if the amount of cheque does not exceed one lac Taka.]

1. 79. Section 132 was substituted by section 41 of the Town Improvement (Amendment) Act, 1987 (Act No. XXIX of 1987)