2. In this Act,- (a) “Cotton” means unginned cotton (kapas) or ginned cotton (rui) or pressed and baled cotton, but does not include wool cotton or silk cotton; (b) “Factory” means a place wherein steam, water or other mechanical power or electric power is used and where-(i) cotton is ginned or where cotton fibre is separated from cotton seed, or (ii) cotton is pressed into bales; (c) “Factory Selection Contract” means a contract for the sale of cotton ¹[* * *] and providing for selection by the buyer at the factory and for delivery of the cotton selected in full pressed bales at Chittagong within the period and at the price specified in the contract; and (d) “Occupier” means an occupier of a factory as owner, allottee, lessee or manager.