State Act

THE UTTAR PRADESH SAHAKARI GRM VIKAS BANK ACT, 1964

2. In this Act unless there is anything repugnant in the subject or context- (a) "Board" means the Board of Directors of the [Uttar Pradesh Gram Vikas Bank 2] 4; (b) "Bye-laws" means the bye-laws registered under the Co-operative Societies Act, for the time being in force in Uttar Pradesh and includes a registered amendment of the bye-laws; (c) ["Sahakari Gram Vikas Bank"]4 means a co-operative society registered under the Co-operative Societies Act for the time being in force in Uttar Pradesh, admitted as a member of the State Land Development Bank, and having as its main object the advancement of loans to its members [on the mortgage of or [or on hypothecation of movable property]3, or against the unconditional guarantee of the State Government]2 [generally for agricultural and rural development including construction of dwelling houses in rural areas]3; (d) "Managing Committee" means the governing body of a [Gram Vikas Bank]4 to which the management of its affairs is entrusted; (e) "Officer" includes a chairman, secretary, treasurer, member of the Board or the managing committee or other person empowered under the rules or the bye-laws to give directions in regard to the business of the [Uttar Pradesh Gram Vikas Bank]3 or a [Gram Vikas Bank]4; (f) "Prescribed" means prescribed by rules made under this Act; (g) "Rules" means the rules made under this Act; (h) "Registrar" means the person, appointed by the State Government to be Registrar of Co-operative Societies for the State of Uttar Pradesh under the provisions of the Co-operative Societies Act for the time being in force in Uttar Pradesh; (i) "Regulation" means the regulations framed by the Board under this Act; (j) "[Uttar Pradesh Gram Vikas Bank]3 or [Uttar Pradesh Sahakari Gram Vikas Bank]3 means a co-operative society registered under the Co-operative Societies Act for the time being in 'force in Uttar Pradesh with its area of operation covering the whole of Uttar Pradesh and carrying on the-business as a [Gram Vikas Bank]4 and facilitating [the operation of its members.]1 (k) "State Government" means the Government of Uttar Pradesh; (1) "Trustee" means the Trustee referred to in section 4 of this Act.