Amendment status not verified — confirm the current text below against the official source.
Definitions.- In this Act, unless the context otherwise requires,- (a) "Act" means the Himachal Pradesh Infrastructure Development Act, 2001; (b) "Board" means the Himachal Pradesh Infrastructure Development Board established under section 3 of this Act; (c) "Capital" means the Capital for the time being raised or authorised to be raised for the purposes of the Board; (d) "concession agreement or arrangement" means a contract of the nature specified in Schedule-II between a developer and the Government or a Government agency relating to a project; (e) "developer" means a person with whom a concession agreement or arrangement is entered into by the Government or a Government agency; (f) "escrow account" means a bank account in which cash is deposited or from which cash is withdrawn in such manner as specified in the concession agreement or arrangement; (g) "Financial year" means the period in respect of which any annual accounts of the Board is laid before it, whether that period is a year or not; (h) "Government or State Government" means Government of Himachal Pradesh;