Section 273: Interpretation of certain words used in this part.

In this part of this Act:
"appropriate officer" means the chief executive or any other officer authorised by the board of a statutory or government agency;
"approving authority" in the case of the Federal Government means the Federal Executive Council, in the case of a state means the Executive Council of the State, in the case of a Local Government means the Local Government Council and in the case of a government agency or statutory body, the board or the supervisory Ministry of that body, as the case may be ;
"body" or "bodies" means the body or bodies referred to under section 222 of this Act;
"bond" means an instrument of indebtedness issued by a body to which this part of this Act applies to secure the repayment of money borrowed by such body;
"bond holder" means a person holding a registered bond and whose name is entered as the owner thereof in the register;
"Chairman" means the Chairman of a Local Government Council;
"Commissioner" means the Commissioner in a State responsible for matters relating to finance;
"Executive Council" means the Federal Executive Council or the Executive Council of a State;
"issuing house" means the paying agent appointed under the provisions of this part of this Act;
"loan" means internal and external loan and include any arrangement under which a body is to be afforded credit facilities and references to the making, acceptance, repayment or application for a loan or to any other form of transaction relating to a loan shall be construed accordingly;
"Minister" shall have the same meaning as contained in subsection 315 of this Act;
"paying agent" means the paying agent appointed under the provisions of this part of this Act;
"promissory note" means a promissory note issued by a body under the provisions of this part of this Act;
"register" means the register of securities and of the holders of such securities kept by the registrar for purposes of this part of this Act;
"registrar" means a registrar appointed by a body under this part of this Act;
"registered securities" includes bonds and promissory notes issued under the provisions of this part of this Act;
"securities holder" means a person holding a registered securities and whose name is entered as the owner thereof in the register kept or maintained under this part of this Act;
"trustee" means the trustee appointed under the provisions of this part of this Act.