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Section 2: Definitions

The Karnataka Innovation Authority Act, 2020.State Rules of Karnataka · 2020

In these rules, unless the context otherwise requires, –

(a) “Act” means the Karnataka Innovation Authority Act, 2020(Karnataka Act 07 of 2020);

(b) “Application” means an application made in accordance with the Act and these rules;

(c) “Chairman” means the Chairman of the Authority, referred to in subsection (1) of section 4 of the Act;

(d) “Department” means the Department of Electronics, Information Technology, Biotechnology & Science and Technology of the Government;

(e) “Entity” means any private entity that has been proposed as the Sandbox Operator in an application for the establishment of a regulatory sandbox;

(f) “Ex-officio member” means a member nominated under rule 3;

(g) “Form” means form appended to these rules;

(h) “Party” means any natural or legal person who has made a submission to the Authority in accordance with the Act and these rules;

(i) “Public Consultation” means public consultation undertaken in accordance with the Act and these rules;

(j) “Regulations” means the regulations made by the Authority under the Act;

(k) “Relevant Stakeholders” means parties interested in or affected by any potential regulatory sandbox set up under the Act including, but not limited to, industry groups, consumer groups, civil society groups and non-governmental organisations; and

(l) “Sandbox Plan” means the agreement between the Sandbox Operator and the participant outlining the approach to be adopted in the sandbox 3 which may specify testing parameters, measures for outcomes, reporting requirements, safeguards, timescale and term of the sandbox.

(m) “Section” means the section of the Act.

(2) All other words and expressions used, but not defined in these rules, shall have the same meaning assigned to them in the Act.

Where this provision sits

ActThe Karnataka Innovation Authority Act, 2020.
Section2
Marginal noteDefinitions
JurisdictionState of Karnataka
StatusIn force as published by the source

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