In this Act, unless the context otherwise requires,—

(a) "appointed day " means the date on which this Act comes into force;

(b) "Central Board " means the Central Board of Directors of the State Bank;

¹[(bb) "chairman " means the chairman of the Central Board;]

(c) "goods " includes bullion, wares and merchandise;

(d) "Imperial Bank " means the Imperial Bank of India constituted under the Imperial Bank of India Act, 1920 (47 of 1920);

¹[(dd) Local Board means a Local Board constituted under section 21;]

(e) "prescribed " means prescribed by regulations made under this Act;

(f) "Reserve Bank " means the Reserve Bank of India constituted under the Reserve Bank of India Act, 1934 (2 of 1934);

(g) "State Bank " means the State Bank of India constituted under this Act;

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⁴[(j) "workman " has the meaning assigned to it in the Industrial Disputes Act, 1947 (14 of 1947).]

1. Ins. by Act 35 of 1964, s. 2 (w.e.f. 1-12-1964).
2. Clause (h) omitted by Act 19 of 2018, s. 3 (w.e.f. 1-4-2017).
3. Omitted by Act 27 of 2010, s. 2 (w.e.f. 15-9-2010).
4. Ins. by Act 48 of 1973, s. 2 (w.e.f. 1-7-1974).