2. Definitions.

(a) "Board" means the Securities and Exchange Board of India established under section 3;
(b) "Chairman" means the Chairman of the Board;
[(ba) "collective investment scheme" means any scheme or arrangement which satisfies the conditions specified in section 11-AA;]
(c) "existing Securities and Exchange Board" means the Securities and Exchange Board of India constituted under the Resolution of the Government of India in the Department of Economic Affairs No. 1 (44) SE/86, dated the 12th day of April, 1988;
(d) "Fund" means the Fund constituted under section 14;
(e) "member" means a member of the Board and includes the Chairman;
(f) "notification" means a notification published in the Official Gazette;
(g) "prescribed" means prescribed by rules made under this Act;
(h) "regulations" means the regulations made by the Board under this Act;
[(ha) "Reserve Bank" means the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act, 1934 (2 of 1934);]
(i) "securities" has the meaning assigned to it in section 2 of the Securities Contracts (Regulation) Act, 1956.
Chapter II
Establishment Of The Securities And Exchange Board Of India