Bare ActsThe Himachal Pradesh Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1972

Section 2

Definitions

Amendment status not verified — confirm the current text below against the official source.

Definitions.- In this Act, unless the context otherwise requires,- (a) "agriculture" and "agriculture purpose" shall include making land fit for cultivation, cultivation of land, improvement of land including development of sources of irrigation, raising and harvesting of crops, horticulture, forestry, planting and farming and cattle breeding, animal husbandry, dairy farming, seed farming, pisciculture, apiculture, sericulture, piggery, poultry farming and such other activities as are generally carried on by agriculturists, dairy farmer, cattle breeders, poultry farmers and other categories of persons engaged in similar activities including marketing of agricultural products, their storage and transport and the acquisition of implements and machinery in connection with any such activity; (b) "agriculturist" means a person who is engaged in agriculture; (c) "Agro-Industries Corporation" means a company or other body corporate, one of the principal objectives of which is to undertake activities connected with or intended for the development of agriculture and not less than fifty-one per cent of the paid-up share capital of which is held by the Central Government or by any State Government or Governments or partly by the Central Government and partly by one or more State Governments; (d) "bank" means,- (i) a banking company as defined in the Banking Regulation Act, 1949 (10 of 1949);

Section 2 – The Himachal Pradesh Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1972 | DailyLaw.ai