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Section 2

In this Ordinance⎯

of Sarawak Economic Development Corporation, 1958

State OrdinanceIn forceProvision 2 of 51
Section 2

“agriculture” includes fisheries, forestry, horticulture and the use of land for any purpose of husbandry;

“Chairman” means the Chairman of the Corporation and includes any temporary Chairman appointed under section 4;

[Am. Ord. No. 8/64; Sub. Ord. No. 19/71; Am Cap. A41.]

“the

Corporation”

means the

Sarawak

Economic

Development Corporation established under section 3.

[Sub. Ord. No. 19/71, Am. Cap. A228.]

“financial institution” means—

(a)

a bank or any financial institution licensed under the Banking and Financial Institutions Act 1989 [Act 372]; or

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(b)

an Islamic bank licensed under the Islamic

Banking Act 1983 [Act 276]; or

(c)

a licensed offshore bank licensed under the

Offshore Banking Act 1990 [Act 443], or any modification or substitution of the said Acts for the time being in force;

[Ins. Cap. A41.]

“Group Chief Executive Officer” means the Group Chief

Executive Officer of the Corporation appointed under section 39(1), and includes any person who for the time being is appointed pursuant to section 39 to discharge temporarily the duties of the Group Chief Executive Officer;

[Ins. Cap. A41, Sub. Cap. A228.]

“husbandry” includes the keeping or breeding of livestock, poultry or bees and the growing of fruit, vegetables and the like;

“industry” includes any kind of commercial undertaking;

[Ins. Ord. No. 19/71.]

“land” includes any estate or plantation usually, or about to be, cultivated or cleared for purposes of cultivation for producing at least one annual crop, or some permanent crop, or land used otherwise in connection with agriculture;

“member”… [Deleted by Cap. A228]

[Am. Ord. No. 8/64.]

“Minister” means the State Minister responsible for the

Corporation; and

[Ins. Ord. No. 19/71.]

“Secretary” means any person appointed under section 5A.

[Ins. Cap. A228]

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“official member” [Deleted by Cap. A228].

[Am. Ord. No. 19/71; Am. Cap. A41.]

Provided that no member of the Corporation shall be deemed by reason of that fact only to hold an office of emolument under the Government; “owner” includes guardians, executors and administrators who are, by the instrument appointing them or otherwise, registered under the Land Code [Cap. 81 (1958 Ed.)]

as the proprietors of any land.