Penalty for defrauding banking company
OF OFFENCES AGAINST PROPERTY
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.
banking company as defined in section 5(c) of the Banking Company Ordinance, 1962 (LVII of 1962);
a bank constituted under the Bangladesh Banks (Nationaliza-tion) Order, 1972 (P.O. No. 26 of 1972);
a financial institution as defined in section 50(c) of the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972);
Bangladesh Shilpa Rin Sangstha established under the Bangladesh Shilpa Rin Sangstha Order, 1972 (P. O. No. 128 of 1972);
Bangladesh Shilpa Bank established under the Bangladesh Shilpa Bank Order, 1972 (P.O. No. 129 of 1972);
Bangladesh House Building Finance Corporation established under the Bangladesh House Building Finance Corporation Order, 1973 (P.O. No. 7 of 1973);
Bangladesh Krishi Bank established under the Bangladesh Krishi Bank Order, 1973 (P.O. No. 27 of 1973);
Investment Corporation of Bangladesh established under the Investment Corporation of Bangladesh Ordinance, 1976 (XL of 1976);
Grameen Bank established under the Grameen Bank Ordinance, 1983 (XLVI of 1983);
Rajshahi Krishi Unnayan Bank established under the Rajshahi Krishi Unnayan Bank Ordinance, 1986 (LVIII of 1986);
a bank conducted in accordance with Islamic shariah.]
Explanation
Explanation.-In section 462A and in this section “banking company” means