Section 2Section 2

s. 2

2 (1) In this Order, unless there is anything repugnant in the subject or context,- (a) “Board” means the Board of Directors of a Corporation; (b) “Chairman” means the Chairman of a Corporation; (c) “controlling Corporation” means the Bangladesh Jatiya Bima Corporation established by Article 4; (d) “Corporation” means the controlling Corporation or a subsidiary Corporation; (e) “Director” means a Director of a Corporation; (f) “general subsidiary Corporation” means the Karnaphuli Bima Corporation or the Teesta Bima Corporation ; (g) “Government” means the Government of the People's Republic of Bangladesh; (h) “insurer” means an insurer as defined in the Insurance Act, 1938 (Act IV of 1938), who carries on insurance business in Bangladesh and includes a provident society as defined in section 65 of that Act ; (i) “life subsidiary Corporation” means the Surma Jiban Bima Corporation or the Rupsa Jiban Bima Corporation; (j) “prescribed” means prescribed by rules made under this Order; (k) “Schedule” means the Schedule to this Order; (l) “subsidiary Corporation” means the Karnaphuli Bima Corporation, the Teesta Bima Corporation, the Surma Jiban Bima Corporation or the Rupsa Jiban Bima Corporation established by Article 4. (2) All other words and expressions used in this Order but not defined and defined in the Insurance Act, 1938 (Act IV of 1938), shall have the meanings respectively assigned to them in that Act.