Section No : Legislative Enactments LOAN BOARDMarginal Notes1. This Ordinance may be cited as the Loan Board Ordinance.2. Minister to appoint Commissioners of Loan Board, 3. Commissioners to appoint secretary, clerks, & c. 4. Treasurer. 5. Salaries. 6. Meetings of commissioners. 7. Chairman. 8. Majority to decide. 9. Commissioners may make rules and . regulations. 11. Commissioners to be trustees. 12. Commissioners to invest suitors funds, subject to certain rules. 13. Commissioners to sue and be sued 14. Duty of Board to keep books of account. [ 2 Law 33 of 1973] 15. Power of Auditor- General to audit accounts. [ 3, Law 33 of , 1973]. 16. Parate execution. 17. Power of commissioners to purchase property. 18. Reimbursement of expenses borne by the Government. [ 4, Law 33 of 1973] 19. Agents to transmit moneys to the Treasury. 20. Disposal of moneys long unclaimed. 21. Nothing herein to effect liability of board to account to courts or to execute its orders