In this Ordinance , unless the context otherwise requires,-
(a) “Authority” means the Karnataka Innovation Authority constituted under section 3;
(b) “Government” means the Government of Karnataka;
(c) “Law” means any law in force, enacted by the Karnataka State Legislature and includes rules or regulations made there under;
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(d) “Participant” means any person who has been granted approval for participation in conduct of Innovation and to offer goods or services to the public within a Regulatory Sandbox established under this Ordinance ;
(e) “Regulatory Sandbox” means the permission to conduct innovations within the time allotted with such exemptions or modifications from any law, along with conditions as may be prescribed under this Ordinance , under which any participant may conduct innovations and offer goods or services to the public;
(f) “Sandbox Operator” means any private agency or instrumentality of the Government, designated by the Authority to oversee and operate, a Regulatory Sandbox under this Ordinance ; and
(g) “Technical Secretariat” means the Technical Secretariat to the Authority.
CHAPTER-II Authority and its Employees