1. Short title and extent
(1) This Act may be called the Usurious Loans Act, 1918.
(2) It extends to the whole of [Bangladesh].
(3) The [Government] may, by notification in the official Gazette, direct that it shall not apply to any area, class of persons, or class of transactions which it may specify in its notification.
1. The word "Bangladesh" was substituted, for the word "Pakistan" by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973)
2. The word "Government" was substituted, for the words "Provincial Government" by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973)