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1The Penal Code, 1860

( ACT NO. XLV OF 1860 )

Chapter XVII


Of the loss of property of Banking Company

Penalty for defrauding banking company
462B. Whoever fraudulently receives any benefit from a banking company in the course of any banking transaction shall be punished with imprisonment of either description for a term which may extend to two years or with fine or with both.
Explanation.-In section 462A and in this section “banking company” means
(a) banking company as defined in section 5(c) of the Banking Company Ordinance, 1962 (LVII of 1962);
(a) a bank constituted under the Bangladesh Banks (Nationaliza-tion) Order, 1972 (P.O. No. 26 of 1972);
(b) a financial institution as defined in section 50(c) of the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972);
(c) Bangladesh Shilpa Rin Sangstha established under the Bangladesh Shilpa Rin Sangstha Order, 1972 (P. O. No. 128 of 1972);
(d) Bangladesh Shilpa Bank established under the Bangladesh Shilpa Bank Order, 1972 (P.O. No. 129 of 1972);
(e) Bangladesh House Building Finance Corporation established under the Bangladesh House Building Finance Corporation Order, 1973 (P.O. No. 7 of 1973);
(g) Bangladesh Krishi Bank established under the Bangladesh Krishi Bank Order, 1973 (P.O. No. 27 of 1973);
(h) Investment Corporation of Bangladesh established under the Investment Corporation of Bangladesh Ordinance, 1976 (XL of 1976);
(i) Grameen Bank established under the Grameen Bank Ordinance, 1983 (XLVI of 1983);
(j) Rajshahi Krishi Unnayan Bank established under the Rajshahi Krishi Unnayan Bank Ordinance, 1986 (LVIII of 1986);
(k) a bank conducted in accordance with Islamic shariah.]

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    Throughout this Act, except otherwise provided, the words “Bangladesh”, “Government”, “the Government” and “Taka” were substituted, for the words “Pakistan”, “Central or any Provincial Government” or “Central Government or any Provincial Government” or “Central Government” or “the Provincial Government” or “Provincial Government” and “rupees” respectively by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973).
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