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The Money-Lenders Act, 1940 (Bengal Act)

( ACT NO. X OF 1940 )

[ 1st August, 1940 ]

An Act further to regulate transactions of money-lending in Bangladesh.1♣

 
WHEREAS it is expedient to make further and better provision for the control of money-lenders and for the regulation and control of money-lending;
 
 
 
 
It is hereby enacted as follows:-
 
 
 
 
 

Chapter I

INTRODUCTORY

Short title, extent and commencement
1. (1) This Act may be called the 2[* * *] Money-lenders Act, 1940.
 
 
 
 
(2) It extends to the whole of Bangladesh.
 
 
 
 
(3) It shall come into force on such date as the Government may, by notification in the official Gazette, appoint.
  • 1
    Throughout this Act, the words “Bangladesh”, “Government”, “Taka” and “Principal Registrar” were substituted for the words “East Pakistan” or “Pakistan”, “Provincial Government”, “rupees” or “rupee” and “Provincial Registrar” respectively by section 3 and the Second Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973)
  • 2
    The word “Bengal” was omitted by section 3 and the Second Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973)
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