Print View

[Section Index]

The Bangladesh Coinage Order, 1972 (President's Order)

( PRESIDENT'S ORDER NO. 83 OF 1972 )

 
 
9. 1[(1) The Taka, which is the standard monetary unit in Bangladesh, shall be divided into one hundred units and the coin representing such unit shall be called poisha and shall, subject to the provision of clause (1) of Article 7, and to the extent specified therein, be legal tender in payment or on account accordingly.]
 
 
 
 
(2) All references in any enactment or any notification, rule or order under any enactment or in any contract, deed or other instrument, to any value expressed in 2[Taka, and poisha shall be construed as reference to that value expressed in Taka] and poisha coins referred to in clause (1) and the Government may by notification in the official Gazette specify any symbol or abbreviation as it may deem fit for making any written reference to their value in words or in figures.

  • 1
    Clause (1) was substituted by section 5 of the Bangladesh Coinage (Amendment) Act, 1989 (Act No. III of 1989)
  • 2
    The words and comma “Taka, and poisha shall be construed as reference to that value expressed in Taka” were substituted for the words and comma “rupee, and poisha shall be construed as reference to that value expressed in new Taka ” by section 5 of the Bangladesh Coinage (Amendment) Act, 1989 (Act No. III of 1989)
Copyright © 2019, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs