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3. Amendment of section 2.

In section 2 of the principal Act,

(a) clause (i) shall be omitted;

(b) after clause (k), the following clause shall be inserted, namely:

'(ka) "micro enterprise", "small enterprise" and "medium enterprise", shall have the same meanings as are respectively assigned to them in the Micro, Small and Medium Enterprises Development Act, 2006;';

(c) in clause (q), in the Explanation, in clause (a), for the words "industry in the tiny and decentralised sector and small-scale industry and handicrafts", the words"micro-enterprises, small enterprises and medium enterprises, handicrafts, handlooms" shall be substituted;

(d) clause (t) shall be omitted.

National Bank for Agriculture and Rural Development (Amendment) Act, 2017 Back

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