ACT NO. VII OF 1947

The Foreign Exchange Regulation Act, 1947

[11th March, 1947]

The Foreign Exchange Regulation Act, 1947:  An Act to regulate certain payments, dealings in foreign exchange and securities and the import and export of currency and bullion. ^a
WHEREAS it is expedient in the economic and financial interests of Bangladesh to provide for the regulation of certain payments, dealings in foreign exchange and securities and the import and export of currency and bullion;

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SI. No.	Section	Subject
1.	Section One	Short title, extent and commencement
2.	Section Two	Interpretation
3.	Section Three	Authorised dealers in foreign exchange
4.	Section Four	Restrictions on dealing in foreign exchange
5.	Section Five	Restrictions on payment
6.	Section Six	Blocked accounts
7.	Section Seven	Special accounts
8.	Section Eight	Restrictions on import and export of certain currency and bullion
9.	Section Nine	Acquisition by Government of foreign exchange
10.	Section Ten	Duty of persons entitled to receive foreign exchange etc.
11.	Section Eleven	Power to regulate the uses, etc., of imported gold and silver
12.	Section Twelve	Payment for exported goods
13.	Section Thirteen	Regulation of export and transfer of securities
14.	Section Forteen	Custody of securities
15.	Section Fifteen	Restrictions on issue of bearer securities
16.	Section Sixteen	Acquisition by Government of foreign securities
17.	Section Seventeen	Restriction on settlement
18.	Section Eighteen	Certain provisions as to companies
18A.	Section Eighteen A	Restriction on agents
18B.	Section Eighteen B	Restriction on foreign companies
19.	Section Nineteen	Power to call for information
19A.	Section Nineteen A	Power of inspection
20.	Section Twenty	Supplemental provisions
21.	Section Twenty One	Contracts in evasion of this Act
22.	Section Twenty Two	False statements
22A.	Section Twenty Two A	Grant of immunity in certain cases
23.	Section Twenty Three	Penalty and procedure
23A.	Section Twenty Three A	Tribunal, its powers, etc.
24.	Section Twenty Four	Burden of proof in certain cases
25.	Section Twenty Five	Power to Government to give direction
26.	Section Twenty Six	Bar of legal proceedings
27.	Section Twenty Seven	Power to make rules

The Foreign Exchange Regulation Act,2015-2018 has been published both in Bengali and English Languages.
If there is any inconsistency between the two versions the Bengali text will prevail

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