Sec. 2. Definitions.- In this Act, unless the context otherwise requires

Sec. 2 (46AB) - Defn. of the term State Level Institution

(46AB) "State level institution" means any of the following institutions, namely:-

(a) the State Financial Corporations established under section 3 or section 3A and institutions notified under section 46 of the State Financial Corporations Act, 1951 (63 of 1951);

(b) the State industrial Development Corporations registered under this Act;]