Section 2Section 2

s. 2

2 In this Order, unless there is anything repugnant in the subject or context:- (a) “Board” means the Board of Directors of the Corporation; (b) “Borrower” means any person or persons or body of persons whether incorporated or not to whom a loan is made by the Corporation for the construction, repair or remodelling of a house; [(bb) “Chairman” means the Chairman of the Board; ] (c) “Corporation” means the Bangladesh House Building Finance Corporation established under this Order; [(cc) “Director” means a Director of the Board;] (d) “Government” means the Government of the People's Republic of Bangladesh; (e) “House” means any building intended for human habitation together with the land upon which it is situated and may comprise of one or more [flats, apartments or other] housing units, and structures appurtenant thereto; [* * * ] (f) “Managing Director” means the Managing Director appointed under Article 6 of this Order; (g) “Order” means the Bangladesh House Building Finance Corporation Order, 1973; and (h) “Prescribed” means prescribed by rules or regulations under this Order.

1. 7. Clause (ee) was omitted by section 2 of the Bangladesh House Building Finance Corporation (Amendment) Ordinance, 1977 (Ordinance No. XVIII of 1977)
2. 4. Clause (bb) was inserted by section 3(a) of Bangladesh House Building Finance Corporation (Amendment) Act, 2021 (Act No. XXV of 2021).
3. 5. Clause (cc) was inserted by section 3(b) of Bangladesh House Building Finance Corporation (Amendment) Act, 2021 (Act No. XXV of 2021).
4. 6. The words and commas “flats, apartments or other” were substituted for the word “family” by section 2 of the Bangladesh House Building Finance Corporation (Amendment) Ordinance, 1976 (Ordinance No. XXXIX of 1976)