2. In this Order, unless there is anything repugnant in the subject or context,- (a) “assets” includes all rights, powers, authorities and privileges, all property, movable and immovable, including lands, buildings, works, workshops, dockyards, vessels, cash balances, bank deposits, reserve funds, investments and all other rights and interests in, or arising out of, such property and all books of accounts, registers, records and all other documents, whatever nature relating thereto; (b) “Board” means the Board of Directors of the Corporation; (c) “Chairman” means the Chairman of the Board; (d) “Corporation” means the Bangladesh Inland Water Transport Corporation established by this Order; (e) “Director” means a Director of the Corporation; (f) “East Pakistan Shipping Corporation” means the East Pakistan Shipping Corporation established under the East Pakistan Shipping Corporation Ordinance, 1964 (E. P. Ord. No. III of 1964); (g) “Government” means the Government of the People's Republic of Bangladesh; (h) “Prescribed” means prescribed by rules or regulations made under this Order; (i) “vessel” means every description of vessel ordinarily plying on coastal or inland waters and propelled wholly or in part by steam, electricity or other mechanical power, and includes an oil tanker, tug, dump barge and any other craft not mechanically propelled which is towed or pushed by a mechanically propelled vessel, but does not include- (i) any craft made of wooden hull; (ii) passenger launches; and (iii) Cargo launches below the capacity of 150 tons.