Interpretation

In this Act, unless the context otherwise requires, “Board” means the Government Housing Loans Board as hereinafter constituted; “Chairperson” means the Chairperson of the Board and includes the Vice-Chairperson when officiating as Chairperson and any person appointed to officiate temporarily as Chairperson; “employee” means a Government employee, a teacher or any person in the service of any scheduled corporation as herein defined; “employee eligible for a loan” means any employee of a class or description declared by order of the Minister to be eligible to receive loans which may be approved in accordance with this Act; “land” means, 6 (a) land held on freehold tenure; or (b) land held on lease of which the unexpired term is not less than twenty years, and shall include any buildings or part of buildings thereon (whether the division is horizontal, vertical or made in any other way) and any easement, right, privilege or benefit in, over or derived from such land, but shall not include an undivided share in land; “Minister” means the Minister responsible for Housing; “paying authority” means, in the case of a Government employee, or a teacher, the Accountant General; and in the case of any other employee, the Chairperson or secretary of the managing body of the scheduled corporation employing him; means any statutory corporations specified from time to time in the First Schedule hereto; “teacher” includes all certified teachers of the First Class, Second Class, and unqualified teachers paid out of Government funds and whose names are on the register of teachers kept by the Chief Education Officer.