These rules may be called the Madhya Pradesh Panchayat (Loans from Government or Financial In~titutions) Rules,
1999.' .
. 2. Definitions.-In these rules, unless the context otherWise requires:-
(a) "Act" means the Madhya Pradesh Panchayat Raj Adhiniyam, 1993 (No.1 of 1994); .
(b) "Panchayat" means a Gram Panchayat or Janpad Panchayat or a Zila Panchayat;
(c) "Section" means section of the Act;
(d) "Loan" means a loan made, .taken or raised under the Act;
(e) "Government Loan" means a loan taken from government fund:
;
R. 4 PAN. LOANS FROM GOVT. OR FIN. INSTI. RULES, 1999 (PR)583
(f) "Government" means the Government of Madhya Pradesh or the Government of India. as the context may imply;
(g) "Non~govemment Loan" means loan raised with the sanction of government otherwise from governrrent funds;
(h) "Term of loan" means the period elapsing between the date on which the loan is completely made. taken or raised and the date on which it is completely repaid.