State Act

The West Bengal Ceiling On Government Guarantees Act, 2001

2. In this Act, unless the context otherwise requires,— (a) “Government” means the Government of West Bengal; (b) “Government Guarantee” includes the guarantee given by the State Government on behalf of the Government departments, public sector undertakings, local authorities, statutory boards, corporations and co-operative institutions; (c) “notification” means a notification published in the Official Gazette; (d) “Performance Guarantee” includes the documents such as letters of comfort, paper purchase agreement, state support agreement, concession agreement for infrastructure project and other agreements, guaranteed in certain performance on behalf of Government departments, public sector undertakings, local authorities, statutory boards, corporations and co-operative institutions.