Section 2. Interpretation.

In this Act, unless there is anything repugnant in the subject or the context,— (1) “Board” means the Jammu and Kashmir Housing Board constituted under section 4 ; (2) “Betterment charges” means the charges leviable under section 27 ; (3) “Board premises” means any premises belonging to or vesting in Board or taken on lease by the Board or entrusted to the Board under this Act for management or use for the purposes of this Act ; (4) “Chairman” means Chairman of the Jammu and Kashmir Housing Board ; (5) “Financial institution” means any Scheduled Bank, Nationalised Bank, Life Insurance Corporation of India, Housing and Urban Development Corporation of India, or any other financial institution which lends money for housing activity ; (6) “Government” means the Government of Jammu and Kashmir ; (7) “Government office” means any office of the government of Jammu and Kashmir ; (8) “housing scheme” means a housing scheme made under this Act ; (9) “Land” includes benefits to arise out of land and things attached to the earth or permanently fastened and things attached to the earth or permanently fastened to anything attached to the earth ; (10) “Managing Director” means Managing Director appointed under this Act ; (11) “member” means a member of the Board and includes the Chairman of the Board ; (12) “Municipality” means a Municipality and includes 1[a Municipal Corporation or Council or Committee] ; (13) “premises” means any land or building or part of a building including any apartment therein and includes— (i) gardens, grounds and out-houses, if any, appertaining to such building or part of a building ; and (ii) any fittings affixed to such building or part of a building for the more beneficial enjoyment thereof ; (14) “prescribed” means prescribed by rules made under this Act ; (15) “regulations” means regulations made by the Board under this Act.