In this Act, unless the subject or the context otherwise requires,-
(a) “industry” means an industry referred to in section 17;
(b) “industry registration body” means the Department, and this term includes the department or office of a Provincial Government responsible for the administration of industries;
(c) “one stop service centre” means the one stop service centre referred to in section 37;
(d) “transaction” means the production and distribution by an industry of goods or services as per its objectives and this term also includes other transaction relating to such production and distribution;
(e) “fund” means the fund referred to in section 51;
(f) “cottage industry” means an industry under clause (b) of sub-section (1) of section 17;
(g) “large industry” means an industry under clause (e) of sub-section (1) of section 17;
(h) “prescribed” or “as prescribed” means prescribed or as prescribed by the rules framed under this Act;
(i) “export industry” means an industry, other than an energy industry, which exports more than at least forty percent of its production;
(j) “Board” means the industrial and investment promotion board formed pursuant to section 20;
(k) “intellectual property” means intellectual properties including patents, designs, trademarks, service marks, geographical indications and trade secrets, and this term
includes matters defined as copyrights by the prevailing law;
(l) “medium industry” means an industry under clause (d) of subsection (1) of section 17;
(m) “Ministry” means the Ministry of the Government of Nepal responsible for matters relating to industry;
(n) “ national priority industry” means an industry under section 19;
(o) “micro-industry” means an industry under clause (a) of subsection (1) of Section 17;
(p) “Department” means the Department of Industries;
(q) “small industry” means an industry under clause (c) of subsection (1) of section 17;
(r) “fixed capital” means the property under section 18.