Amendment status not verified — confirm the current text below against the official source.
In this Act, unless the context otherwise requires,- (i) "accident" means an unforeseeable and unexpected turn of events that causes loss in value, injury, loss of life and increased liabilities in relation to inland water transport; (ii) "Bank" means a nationalized or scheduled bank; (iii) "Regulatory Authority" means Assam Inland Water Transport Regulatory Authority; (iv) "cargo" includes anything carried or to be carried in the vessel; (v) "cargo vessel" means a vessel which is not a passenger vessel; (vi) "company" means a company as defined in section 3 of the Companies Act, 2013; (vii) "conservancy" means development of waterfront including dredging, river training and management of fairway; (viii) "consumer" means any person who pays a consideration for a service provided to him by any passenger vessel or cargo vessel; (ix) "court" means a civil, criminal and revenue court of the competent jurisdiction; (x) "dock" means an area of water in a port that can be closed off and that is used for putting goods onto and taking them off vessels or repairing vessels; (xi) "facilitation centre" means a one stop service centre for customers and service providers who have to visit the Regulatory Authority or its sub offices for certificates, permits or any other services incidental thereto; (xii) "ferry" means a vessel providing passenger transport services or combined passenger and vehicular (Ro Ro) transport services across or along a inland waterways within the State of Assam irrespective of the operating agency; (xiii) "Indigenous design" means such vessel designs which has been designed by the local communities in the State of Assam; Act 1 of