(1) In this Act, unless the context otherwise requires,—
(a) “Commissioner” means the Commissioner of payments appointed under section 17;
(b) “Government” means the Government of Kerala;
(c) “owner” means the person or association of persons who or which was immediately before the date of commencement of this Act the proprietor or lessee or occupier of the undertaking or any part thereof or a person or persons who purchased land from the undertaking and includes the subsequent transferees of such land;
(d) “prescribed” means prescribed by rules made under this Act;
* Received the assent of the President on the 1st day of February, 2018 and published in the Kerala Gazette Extraordinary No. 405 dated 19th February, 2018.
(e) “State Industrial Development Corporation” means the Kerala State Industrial Development Corporation formed and registered under the Companies Act, 1956 (Central Act 1 of 1956);
(f) “textile company” means the company specified in column (1) of the First Schedule as owning the undertaking specified in the corresponding entry in column (2) of that Schedule;
(g) “undertaking” means the textile undertaking specified in the First Schedule;
(h) “unused land” means the properties sold by the undertaking or any person or authority on its behalf which are in the possession and ownership of the transferees but remain unused as on the date of commencement of this Act and more specifically described in the Third Schedule to this Act;
(2) Words and expressions used but not defined in this Act and defined in the Industries (Development and Regulation) Act, 1951 (Central Act 65 of 1951), shall have the meanings respectively assigned to them in that Act.
(3) Words and expressions used but not defined either in this Act or in the Industries (Development and Regulation) Act, 1951 (Central Act 65 of 1951), and defined in the Companies Act. 1956 (Central Act 1 of 1956), shall have the meanings respectively assigned to them in the Companies Act, 1956 (Central Act 1 of 1956).
CHAPTER II ACQUISITION OF THE RIGHTS OF OWNER OF THE UNDERTAKING