Section 2Section 2

s. 2

2 In this Order, unless there is anything repugnant in the subject or context,- (a) “appointed day” means the 16th day of December, 1971; (b) “approved foreign exchange” means currencies declared as such by any notification under Article 18; (c) “Bank” means the Bangladesh Bank; [ (cc) “banking company” means "ব্যাংক কোম্পানী" defined in দফা (ণ) of ধারা ৫ of ব্যাংক কোম্পানী আইন, ১৯৯১ (১৯৯১ সনের ১৪ নং আইন);] (d) “Bank Notes” means [ notes and coins] made and issued by the Bank in accordance with Article 23; [ (dd) “bank rate” means the standard rate made public by the Bangladesh Bank under Article 21;] (e) “Board” means the Board of Directors of the Bank; [ (ee) “coin” means, except for the purpose of clause (d) above, a coin issued under the provisions of the Bangladesh Coinage Order, 1972 (P.O. No. 83 of 1972);] (f) “Co-operative Bank” means any co-operative society or co-operative bank including the apex co-operative bank registered under [ সমবায় সমিতি আইন, ২০০১ (২০০১ সনের ৪৭ নং আইন)], or any other law for the time being in force relating to co-operative societies, one objectives of which is to provide financial accommodation to its members; (g) “Director” means a Director of the Bank; [ (gg) “financial institution” means "আর্থিক প্রতিষ্ঠান" defined in দফা (খ) of ধারা ২ of আর্থিক প্রতিষ্ঠান আইন, ১৯৯৩ (১৯৯৩ সনের ২৭ নং আইন);] (h) “Governor” and “Deputy Governor” means respectively the Governor and Deputy Governor of the Bank; (i) “Government” means the Government of the People's Republic of Bangladesh; (j) “Scheduled Bank” means a bank for the time being included in the list of banks maintained under sub-clause (a) of clause (2) of Article 37; (k) “State Bank” means the State Bank of Pakistan constituted under the State Bank of Pakistan Act, 1956; [ (l) “Taka Coin” means one Taka coin and one Taka note and two Taka note coin and two Taka note which are legal tender in Bangladesh.]

1. 2. Clause (cc) was inserted by section 3 of the Bangladesh Bank (Amendment) Act, 2003 (Act No. IX of 2003)
2. 3. The words “notes and coins” were substituted for the word “notes” by section 2 of the Bangladesh Bank (Amendment) Act, 1994 (Act No. XIV of 1994)
3. 4. Clause (dd) was inserted by section 3 of the Bangladesh Bank (Amendment) Act, 2003 (Act No. IX of 2003)
4. 5. Clause (ee) was inserted by section 3 of the Bangladesh Bank (Amendment) Act, 1994 (Act No. XIV of 1994)
5. 6. The words, comma, brackets and figures “সমবায় সমিতি আইন, ২০০১ (২০০১ সনের ৪৭ নং আইন)” were substituted for the words, comma, brackets and figures “Co-operative Societies Act, 1912 (Act II 1912)” by section 3 of the Bangladesh Bank (Amendment) Act, 2003 (Act No. IX of 2003)
6. 7. Clause (gg) was inserted by section 3 of the Bangladesh Bank (Amendment) Act, 2003 (Act No. IX of 2003)
7. 8. Clause (l) was substituted by section 2 of the Bangladesh Bank (Amendment) Act, 1989 (Act No. I of 1989)