(1) In these rules, unless the context otherwise requires.-
(a) ‘Act’ means the Karnataka Town and Country Planning Act, 1961 (Karnataka Act 11 of 1963);
(b) ‘Appellate Authority’ means the Authority specified in rule 8;
(c) ‘Appendix’ means appendix to these rules;
(d) 'Authorized Building' means building for which approval has been obtained from the competent Authority;
(e) ‘Form ’ means forms appended to these rules;
(f) ‘Existing Building’ means an approved building under construction or completed building on the date of commencement to these rules;
(g) 'Government' means the State Government.;
(h) ‘Licensing Authority’ means the Authority competent to approve the building plan;
(i) ‘Market Value’ means the value determined as per the guidance value of land in accordance with Section 45B of the Karnataka Stamp Act, 1957.
The value of the plot for the land use as published under the Stamp Act, shall be considered.
(j) ‘Originating Plot’ means the plot in which Development Right originated due to surrender of ‘Area’; and
(k) ‘Receiving Plot’ means the plot in which Development Right or Transfer of Development Rights is utilized
(2).The words and expressions used but not defined shall have the same meaning assigned to them in the Act.