Chapter I — PRELIMINARY

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)

"co-operative bank" means the Sikkim State Co-operative Bank Limited, a society registered under the Sikkim Co-operative Societies Act, 1978 (Sikkim Act No. 12 of 1978);

(c)

"notification" means a notification published in the Official Gazette;

(d)

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

(e)

"Sikkim Bank" means the State Bank of Sikkim constituted under the State Bank of Sikkim Proclamation, 1968;

(f)

"State Government" means the State Government of Sikkim;

(g)

"United Commercial Bank" means the United Commercial Bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings)Act, 1970 (5 of 1970);

(h)

words and expressions used herein and not defined but defined in the Companies Act, 1956 (1 of 1956), shall have the meanings respectively assigned to them in that Act.