Section No : 1980 Revised version 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, amp 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