Definitions.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... les; (b) "Chief Executive" means an individual appointed as such under sub-section (1) of section 581W; (c) "limited return" means the maximum dividend as may be specified by the articles; (d) "Member" means a person or Producer institution (whether incorporated or not) admitted as a Member of a Producer Company and who retains the qualifications necessary for continuance as s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... or instructions part or whole of the business of the Producer Company is carried on; (h) "patronage" means the use of services offered by the Producer Company to its Members by participation in its business activities; (i) "patronage bonus" means payments made by a Producer Company out of its surplus income to the Members in proportion to their respective patronage; (j) "prim .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... roduction of anything referred to in sub-clauses (i) to (iv) or improve the quality thereof; (k) "producer" means any person engaged in any activity connected with or relatable to any primary produce; (l) "Producer Company" means a body corporate having objects or activities specified in section 581B and registered as Producer Company under this Act; (m) "Producer institution" .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X