Section 1Short title, extent and commencementa

s. 1

1. Short title, extent and commencementa (1) This Act may be called the Foreign Exchange Regulation Act, 1947. [ (2) It extends to the whole of Bangladesh, and applies to - (a) all citizens of Bangladesh; (b) all persons resident in Bangladesh; and (c) all persons in the service of the People’s Republic of Bangladesh wherever they may be.] (3) It shall come into force on such date as the Government may, by notification in the official Gazette, appoint in this behalf. (4) [Omitted by section 2 of the Foreign Exchange Regulation (Amendment) Act, 1952 (Act No. I of 1952).]

1. 2. Sub-section (2) was substitued by section 2 of the Foreign Exchange Regulation (Amendment) Act, 2015 (Act No. XVII of 2015).