The STATE BANK OF SIKKIM (ACQUISITION OF SHARES) AND MISCELLANEOUS PROVISIONS ACT, 1982

PRELIMINARY

Section 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.