Definitions.

In this Act, unless the context otherwise requires,—

1. (a) 'Board' means the Kerala Industrial Revitalisation Fund Board constituted under section 4;
2. (b) 'Fund' means the Kerala Industrial Revitalisation Fund established under section 3 and the Scheme; Received the assent of the Governor on the 29th day ofApril,1999 and published in the Kerala Extraordinary Gazette No. 2185 dated 30th November, 1999.
3. (c) 'Fund Manger' means the Fund Manager of the Board appointed under section 10.;
4. (d) 'Financial assistance' means the types of assistance specified in the Scheme;
5. (e) 'Government' means the Government of Kerala;
6. (f) 'Other industrial undertakings' means corporate bodies established in the State under the Companies Act, 1956 (Central Act 1 of 1956) in joint sector, where the investment of the Government is not less than forty per cent of the total paid up share capital, and under the Industries Department of the Government;
7. (g) 'Public sector industrial undertakings' means any Company established under the Companies Act, 1956 (Central Act 1 of 1956) or a Co-operative Society registered or deemed to have been registered under the Kerala Co-operative Societies Act, 1969 (21 of 1969), and under the control of Industries Department of the Government;
8. (h) 'Schedule' means the Schedule to this Act;
   • (i) 'Scheme' means the Scheme framed under this Act;
9. (j) 'State' means the State of Kerala;
10. (k) 'Undertakings' means public sector industrial undertakings or other industrial undertakings;
11. (l) 'Year' means the financial year.