Amendment status not verified — confirm the current text below against the official source.
Substituted by G.O.Ms.No.45, Law (F) Department, dated 01.06.2016. Definitions. [Act No.36 of 2001] 3 the extent as may be specified in the Concession Agreement or such other agreement as may be prescribed by the Government; (g) “Company” means any entity incorporated by memorandum of association under the *Companies Act, 1956 or incorporated under any other statute or deemed to be incorporated under the laws of India or the laws of any other country of the World; (h) “Concession Agreement” means a contract of the nature specified in Schedule-I between the Developer and the State Government or Government Agency or the Local Authority relating to any Infrastructure Project or such other contract as may be prescribed from time to time by the Government; (i) “Conciliation Board” means the Conciliation Board established under section 32 of the Act; (j) “Construction” means any construction, reconstruction, rehabilitation, improvement, expansion, addition, alteration and related works and activities including supply of any equipment, materials, labour and services related to build or rehabilitate any Infrastructure Project comprising of physical structures or systems or commodities or for utilization of resources or provision of services; (k) “Developer” means any Private Sector Participant who has entered into a contract for the Infrastructure Project with the Government or Government Agency or Local Authority under the Act; * See the Companies Act, 2013 (Act No.18 of 2013). Central Act 1 of 1956. 4 [Act No.36 of 2001] (l) “Generic Risks” means circumstances that have the potential to adversely affect the development of a Project or interest of the participants to the Project or interest of the Government or Government Agency or Local Authority and in the nature of construction period risk, operation period risk, market and revenue risk, finance risk, legal risk and miscellaneous risks as enumerated in Schedule IV of the Act; (m) “Government” means the State Government of 4Telangana; (n) “Government Agency” means any department of the Government or any corporation or body owned or controlled by the Government by reason of the Government holding not less than fifty one percent of paid-up share capital in such corporation or body; (o) “Government Company” means any company in which not less than fifty-one per cent of the paid-up share capital 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 and includes a company which is a subsidiary of a Government company as defined; (p) “Fund” means the Infrastructure Projects Fund established under section 54 of the Act; (q) “Infrastructure Authority” means the Authority constituted under section 3 of the Act; (r) “Infrastructure” means public woks relating to infrastructure for utilising the natural resources and providing services by either public works of physical