Sri Lanka Consolidated Acts

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Housing Development Finance Corporation of Sri Lanka Act (No. 7 of 1997) - Sect 44

Interpretation

44. In this Act, unless the context otherwise requires-"Chairman" means the Chairman of the Board ;" Director" means a director of the Board ;"Employees Trust Fund " means the Employees Trust Fund established by the Employees Trust Fund Act, No. 4 of 1980;"Housing Finance Corporation" means any corporation, established by or under law and empowered to grant loans for the purposes of housing ;"local authority" means any Municipal Council, Urban Council or Pradeshiya Sabha and includes any authority established by or under any law to exercise, perform and discharge powers, duties and functions corresponding or similar to the powers, duties and functions exercised, performed and discharged by any such Council or Sabha ;"National Housing Development Authority" means the National Housing Development Authority established by the National Housing Development Authority Act, No. 17 of 1979 ;"National Savings Bank" means the National Savings Bank established by the National Savings Bank Act, No. 30 of 1971;"Provincial Council" means a Provincial Council established by Chapter X VIIA of the Constitution ;"Sevana Fund" means the Fund established under section 5 of the National Housing Development Authority Act, No. 17 of 1979.


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