PRELIMINARY

 finitions

 

2. In this Ordinance, unless there is anything repugnant in the subject or context,-

 

(1) "agricultura

l income" means-

 

(a) any income derived from any land in Bangladesh and used for agricultural purposes-

 

(i) by means of agriculture; or

 

(ii) by the performance of any process ordinarily employed by a cultivator to render marketable the produce of such land; or

 

(iii) by the sale of the produce of the land raised by the cultivator in respect of which no process, other than that to render the produce marketable, has been performed; or

 

(iv) by granting a right to any person to use the land for any period; or

 

(b) any income derived from any building which-

 

(i) is occupied by the cultivator of any such land as is referred to in sub-clause (a) in which any process is carried on to render marketable any such produce as aforesaid;

 

(ii) is on, or in the immediate vicinity of, such land; and

 

(iii) is required by the cultivator as the dwelling house or store-house or other out-house by reason of his connection with such land;

 

(2) "amalgamation", in relation to companies, means the merger of one or more companies with another company, or the merger of two or more companies to form one company (the company or companies which so merged being referred to as the amalgamating company or companies and the company with which they merge or which is formed as a result of the merger as the amalgamated company) in such a manner that by virtue of, and for reasons attributable to, the merger,-

 

(a) all the property of the amalgamating company or companies immediately before the merger becomes the property of the amalgamated company;

 

(b) all the liabilities of the amalgamating company or companies immediately before the merger become the liabilities of the amalgamated company; and