Section 2. Definitions

In this Act, unless the context otherwise requires- (a) ‘Government’ means the Government of Uttarakhad; (b) ‘Government Guarantees’ includes the guarantee given by the State Government on behalf of Departmental Undertakings, Public sector Undertakings, Local Authorities, Statutory Boards and Corporations, Co-operative Institutions and other authorities and agencies under the Government of Uttarakhand; (c) ‘prescribed’ means prescribed by rules made under the Act; (d) ‘private company’ means a private company as defined in section 03 of the companies Act, 1956; (e) ‘private institution’ means who is receive less than 50 percent of its core funding from government agencies; (f) ‘State’ means the State of Uttarakhand