Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

Union of India - Section

Section 2 in National Housing Bank Employees' Regulations, 1994

2. Definitions.

- In these regulations, unless there is anything repugnant in the subject or context :
(a)"Act" means the National Housing Bank Act, 1987 (53 of 1987);
(b)"Appellate Authority" means the authority specified in the Schedule to dispose of appeals;
(c)"Competent Authority" means the authority appointed by the Board for the purposes of these regulations;
(d)"Disciplinary Authority" means the authority specified in the Schedule which is competent to impose on an Employee any of the penalties specified in regulation 4;
(e)"Government" means the Central Government;
(f)"public financial institution" means-
(i)the Industrial Credit and Investment Corporation of India Limited, a company formed and registered under the Indian Companies Act, 1913 (7 of 1913);
(ii)the Industrial Finance Corporation of India, established under section 3 of the Industrial Finance Corporation Act, 1948 (15 of 1948);
(iii)the Industrial Development Bank of India, established under section 3 of the Industrial Development Bank of India Act, 1964 (18 of 1964);
(iv)the Life Insurance Corporation of India, established under section 3 of the Life Insurance Corporation Act, 1956 (31 of 1956);
(v)the Unit Trust of India established under section 3 of the Unit Trust of India Act, 1963 (52 of 1963);
(vi)any other financial institution which is declared by the Central Government by notification to be a public financial institution;
(g)"Public Sector Bank" means
(i)a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) or under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980);
(ii)the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955);
(iii)a subsidiary bank constituted under the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959);
(iv)any other bank which the Central Government may determine to be a public sector bank for the purposes of these regulations having regard to its manner of incorporation;
(h)"public servant" means a person as defined as public servant in Section 21 of the Indian Penal Code (45 of 1860);
(i)"Reviewing Authority" means the authority specified in the Schedule;
(j)"Schedule" means the Schedule appended to these regulations.
(k)Words and expressions used herein and not defined but defined in the Act shall have the meanings respectively assigned to them in that Act.