Section 19Section 19

s. 19

19 [The Corporation may, for the purpose of carrying out its functions, take loan in the follwing manners, namely :- (a) taking long-term loan from the Government on such terms and conditions as may be determined by the Government; (b) taking loans from Bangladesh Bank or any other nationalized or foreign bank or financial institutions with the prior approval of the Government; and (c) receiving refinance and other loan facilities from the Bangladesh Bank for the purpose of expanding its loan activity.]

1. 23. Article 19 was substituted by section 17 of Bangladesh House Building Finance Corporation (Amendment) Act, 2021 (Act No. XXV of 2021).