Section 26Section 26

s. 26

26 [(1)] The Bank may [, subject to the provisions of clause (2),] appoint or employ such persons including advisers as it considers necessary for the efficient performance of its operation on such terms and conditions as may be prescribed by regulations. [(2) Notwithstanding anything contained in clause (1), or in clause (1) of Article 38, the Government may appoint [a Deputy Managing Director and] a General Manager of the Bank on such terms and conditions as it may determine.]

1. 18. Clause (2) was added by section 2 and the Schedule of the Financial Institutions Laws Amendment Ordinance, 1977 (Ordinance No. LXI of 1977)
2. 19. The words “a Deputy Managing Director and” were inserted by section 2 of the Bangladesh Krishi Bank (Amendment) Ordinance, 1984 (Ordinance No. LVIII of 1984)