Complex sentence: Progoti Co-operative Land Development Bank Limited, a registered bank under section 10 (ii) of Act No.47 of 2001, the bank has the exclusive legal basis under section 14 of the same Act.
Split into simpler sentences: Progoti Co-operative Land Development Bank Limited is registered under section 10 (ii) of the Act No.47 of 2001. So the bank has the exclusive legal basis under section 14 of the same Act.