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06/12/2022
Laws of Bangladesh

The Rajshahi Krishi Unnayan Bank Ordinance, 1986

( Ordinance NO. LVIII OF 1986 )

Definitions
 
 
2. In this Ordinance, unless there is anything repugnant in the subject or context,-
 
 
 
 
(a) “agriculture” includes the raising of crop of any kind, horticulture, forestry, fishery, animal husbandry, poultry farming, dairying, bee-keeping and sericulture and other agro-industries;
 
 
 
 
(b) “agriculturist” means any individual engaged in agriculture or in the development of agriculture or agricultural products or in storage, warehousing, marketing or processing of agricultural produce, and any public or private limited company or co-operative society incorporated or registered by or under any law for the time being in force and so engaged, and any
 
 
person, company or co-operative society incorporated or registered as aforesaid, who satisfies the Bank that the loan to be taken shall be spent on agriculture or the development of agriculture or agricultural products or on the storage, warehousing or marketing or processing of agricultural products;
 
 
 
 
(c) “Bank” means the Rajshahi Krishi Unnayan Bank established under this Ordinance;
 
 
 
 
(d) “Board” means the Board of Directors of the Bank;
 
 
 
 
(e) “Bangladesh Bank” means the Bangladesh Bank established under the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972);
 
 
 
 
(f) “Chairman” means the Chairman of the Board of Directors;
 
 
 
 
(g) “co-operative society” means a society registered under the Co-operative Societies Ordinance, 1985 (I of 1985);
 
 
 
 
(h) “cottage industries” means any industry which is carried on wholly or mainly by the member of a family either as a whole-time or as a part-time occupation or by a group of such persons who have formed themselves into a co-operative society;
 
 
 
 
(i) “Managing Director” means the Managing Director of the Bank;
 
 
 
 
(j) “prescribed” means prescribed by rules or regulations made under this Ordinance;
 
 
 
 
(k) “small agriculturist” means an agriculturist in occupation of a holding which is normally tilled by himself and the members of his family.

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