Definitions

In this Act unless there is anything repugnant in the subject or context :- (i) “Board” means the Punjab Khadi and Village Industries Board constituted under section 3. (ii) “Khadi” means any handloom cloth woven from yarn handspun in India. (iii) “Prescribed” means prescribed by rules made under this Act. (iv) “Village Industries” means such industries which generally form the normal occupation whether wholetime or part-time, of any class of the rural population of the State of Punjab and in particular such industries as may be recommended from time to time by the (Commission) appointed by the Government of India such other industries as the State Government may, by notification in the official gazette, specify in this behalf in consultation with the Board. (v) “Government” means the Government of the State of Punjab. (vi) “Commisson means the Khadi and Village Industries Commission established under section 4 of the Khadi and Village Industries Commission Act, 1956 (No. 61 of 1956). (vii) “Member” or “Member of the Board” includes “Chairman” or “Chairman of the Board” respectively. In these rules, unless the context otherwise requires.-(a) "Act" means the Punjab Khadi and Village Industries Board Act, 1955, (Punjab Act 40 of 1956), (b) "Chairman" means the Chairman of the Board. (c) "Vice-Chairman" means the Vice Chairman of the Board. (d) "Secretary" means the Secretary of the Board. (e) "Joint Secretary" means the joint Secretary of the Board. (f) "Financial year" means the year commencing on the Ist day of April. (g) "bank" means,— (i) a banking company as defined in the Banking Regulation Act, 1949; (ii) any banking institution notified by the Central Government under section 51 of the Banking Regulation Act, 1949; (iii) the State Bank of India constituted under the State Bank of India Act, 1955; (iv) a subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959; (v) any of the Banks mentioned in column 2 of the First Schedule to the Banking Companies (Acquisition and Transfer of undertakings) Act, 1970. (h) "Centre" means,— (i) a District Office of the Board including its any other sub-office; and (ii) the establishments of the Board which encourage, assist or carry on khadi and village industries or carry on trade or business in such industries and in the matters incidental to such trade or business; (i) "registered institution" means :— (i) any Co-operative Society registered under the Punjab Co-operative Societies Act, 1961; and (ii) any society registered under the societies Registration Act, 1860; (j) "form" means a form appended to these rules. (i) a District Office of the Board including its any other sub-office; and (ii) the establishments of the Board which encourage, assist or carry on khadi and village industries or carry on trade or business in such industries and in the matters incidental to such trade or business; (i) “registered institution” means :- (i) any Co-operative Society registered under the Punjab Co-operative Societies Act, 1961; and (ii) any society registered under the societies Registration Act, 1860; (j) ‘form’ means a form appended to these rules.