Section 2Definitions

Section 2: Definitions

2. Definitions

In this Act, unless the context otherwise requires,—

(a)

"appointed day" means the date on which this Act comes into force;

(b)

"Central Board" means the Central Board of Directors of the State Bank;

[(bb) "chairman" means the chairman of the Central Board;]

(c)

"goods" includes bullion, wares and merchandise;

(d)

"Imperial Bank" means the Imperial Bank of India constituted under the Imperial Bank of India Act, 1920 (47 of 1920);

[(dd) Local Board means a Local Board constituted under section 21;]

(e)

"prescribed" means prescribed by regulations made under this Act;

(f)

"Reserve Bank" means the Reserve Bank of India constituted under the Reserve Bank of India Act, 1934 (2 of 1934);

(g)

"State Bank" means the State Bank of India constituted under this Act;

* * * * * * * * * * [(j) "workman" has the meaning assigned to it in the Industrial Disputes Act, 1947 (14 of 1947).]

Amendment notes (4)
  1. Ins w.e.f. 1-12-1964 . Ins. by Act 35 of 1964, s. 2 (w.e.f. 1-12-1964).
  2. omitted w.e.f. 1-4-2017 . Clause (h) omitted by Act 19 of 2018, s. 3 (w.e.f. 1-4-2017).
  3. Omitted w.e.f. 15-9-2010 . Omitted by Act 27 of 2010, s. 2 (w.e.f. 15-9-2010).
  4. Ins w.e.f. 1-7-1974 . Ins. by Act 48 of 1973, s. 2 (w.e.f. 1-7-1974).