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Rule 2
Definition
: In this regulation, unless the context requires otherwise,-
(a) "Act" means the Cooperatives Act, 2074.
(b) "Loan" shall mean the principal, interest and compensation amount of the loan given by the cooperative society to the member with or without taking mortgage of movable property or other necessary security or guarantee.
(c) "Debt Recovery Tribunal" means the Debt Recovery Tribunal constituted under Rule 42.
(d) "Loan Information Center" means Co-operative Credit Information Center as per Rule 37.
(e) "Savings and Credit Protection Fund" means Cooperative Savings and Credit Protection Fund as per Section 101 of the Act.
(f) "Specialized Co-operative Society" means a specialized cooperative society constituted as per Section 9 of the Act.
(g) "Manager" means the manager of a co-operative society and the term also includes the general manager or chief executive officer.
(h) "Institutional capital" means the amount of reserve fund and deficit fund of the last financial year of the organization or association.