Page 23 of 82 paid under this Act and moneys received from other sources shall be credited to the Fund. (2) All moneys of the Fund shall be deposited with a scheduled bank as specified by the Commission and the procedure for withdrawal of money from that bank shall be determined by the Commission. Explanation:- “Scheduled bank” means a scheduled bank as defined in section 2(j) of the Bangladesh Bank Order, 1972 (P. O. No 127 of 1972). (3) The Fund shall be utilized to meet the expenses relating to the salaries and allowances of the Commissioners and employees and other necessary expenses of the Commission. (4) If any money remains surplus after meeting all the expenses of the Commission, it shall be credited to the Consolidated Fund of the Republic. 22. Annual budget statement.- Every year, the Commission shall, for the next financial year, submit to the Government a budget statement within the time specified by the Government, and in such statement the estimated amount required from the Government for that financial year shall be specified; and before commencement of that financial year, the Government shall, on the basis of that statement, approve the budget of the Commission with or without modification of the statement. 23. Power to raise loan.- The Commission shall have authority to raise loan for the purpose of performing its functions under this Act and also to repay such loan; however approval of the Government shall be necessary in case of taking a foreign loan. 24. Charge etc. for services provided by Commission.- (1) The Commission may impose and realize charges or fees or both for the services provided or to be provided by it in connection with the exercise of its powers and performing its functions under this Act. (2) The generality of the authority under sub-section (1) includes the following:(a) framing of one or more schemes for the purpose of specifying charges or fees for any particular service or all the services provided or to be provided by the Commission; BTRC-TelecomLaw2001.doc 23 - 23 -

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