Amendment status not verified — confirm the current text below against the official source.
Definition.—In these rules, unless the context otherwise requires. (a) ‘‘Act’? means the Punjab Khadi and Village Industries Board Act, 1955, (Punjab Act 40 of 1956), (b) ‘Chairman’ means the Chairman of the Board. (c) ‘Vice-Chairman’ menns the Vice Chairman of the Board. — (d) ‘Secretary’ means the Secretary of the Board. (e) ‘Joint Secretary’ means the joint Secretary of the Board. (f) ‘Financial year’ means the year commencing on the Ist day of April. (g) ‘bank’ means,— (i) a banking company as defined in the Banking Regulation Act, 1949; (ii) any banking institution notified by the Central Government under section 51 of the Banking Regulation Act, 1949; (iii) «the State Bank of India constituted under the State Bank of India Act, 1955; (iv) a subsidiary bank as definedin the State Bank of India (Subsidiary Banks) Act, 1959; (v) any of the Banks mentioned in column 2 of the First Schedule to the Banking Companies (Acquisition and Transfer of undertakings) Act, 1970, (h) ‘Centre’? means,— mite 2 (i) a District Office of the Board including its any other sub-office; and ° | (ii) the establishments of the Board which encourage, assist or carry on khadi and village industries or carry. on trade or business in such industries and in the matters incidental to such trade or business; (i) “registered institution”? means :— (i) any Co-oper tive Society registered under the Punjab Co-operative Societies Act, 1961; and (ii) any society registered under the societies Registration Act, 1860 ; (j) ‘form’ means a form appended to these rules.