section 2
Definition
The Meghalaya Ceiling on Government Guarantees Act, 2025General20259 sections
Statutory text
In this Act, unless the context otherwise requires.-
- (a) 'Government' means the Government of Meghalaya.
- (b) 'Government Guarantee' includes the guarantee given by the State Government on behalf of Departmental Undertakings, Public Sector Undertakings, Local Authorities, Statutory Boards & Corporations, Cooperative Institutions and Other Authorities and Agencies under the Government of Meghalaya.
- (c) 'prescribed' means prescribed by rules made under this Act.
- (d) 'State' means the State of Meghalaya.
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