law: Voluntary Deposits (Immunities and Exemptions) Act, 1991
  2. Definitions.-
  In this Act, unless
  
  the context otherwise requires,--
  a.  
  
    "deposit"
  
  means a voluntary deposit made by any person with the National Housing Bank in
  
  accordance with the scheme on or after the commencement of this Act but before
  
  the specified date.
  Explanation.--For the
  
  purposes of this clause, "specified date" means the 1st day of
  
  December, 1991 or such other later date as the Central Government may, by
  
  notification in the Official Gazette, specify in this behalf;
  a.  
  
  
  b.  
  
    "National
  
  Housing Bank" means the National Housing Bank established under section 3
  
  of the National Housing Bank Act, 1987; (53 of 1987)
  c.  
  
    "net
  
  deposit" means sixty per cent of the amount of deposit made by any person
  
  with the National Housing Bank in accordance with the scheme;
  d.  
  
    "person"
  
  includes-
   
  
   i.  
  
    an
  
  individual,
  a
  
  Hindu undivided family,
   
  
   iii.  
  
    a
  
  company;
   
  
   iv.  
  
    a
  
  firm,
   
  
   v.  
  
    an
  
  association of persons or a body of individuals, whether incorporated or not,
  
  and
   
  
   vi.  
  
    every
  
  artificial juridical person, not falling within any of the preceding
  
  sub-clauses, but does not include a local authority;
  e.  
  
    "scheme"
  
  means a scheme formulated by the National Housing Bank under the National
  
  Housing Bank Act, 1987 (53 of 1987.) for the purpose of enabling-- (i) any
  
  person to make deposit with that Bank; (ii) such Bank to credit forty per cent.
  
  of the amount of such deposit to a special fund created for financing slum
  
  clearance and low cost housing for the poor; and (iii) the depositor to utilise
  
  the net deposit for any purpose specified by him;
  f.  
  
    all
  
  other words and expressions used in this Act but not defined and defined in the
  
  Income-tax Act, 1961 (43 of 1961) shall have the meanings respectively assigned
  
  to them in that Act.