Section 1: In this Act, unless the context otherwise requires—

"Board of Directors" means the governing policy-making authority for the Corporation; "Chairman" means the person appointed to be Chairman under section 3 and includes any temporary Chairman so appointed; "Corporation" means the Sierra Leone Housing Corporation established under section 2; "Fund" means the capital amount with which the Government shall finance and sponsor the Corporation; "General Manager" means the General Manager of the Corporation; "Housing Development" means any building construction whether new, rehabilitated or to be completed which is designed and financed pursuant to the provisions of this Act for the purpose of providing healthy dwelling houses with proper sanitary and safe conveniences and recreational facilities; "Housing Development Costs" means the sum total of all costs incurred in a housing development scheme approved by the directors as reasonable and necessary; "Income Guideline" means the income groups and categories of persons and families eligible for housing and loan assistance as laid down by the Corporation; Joint Ventures" means the participation in or association by the Corporation in any land or housing project as may be approved by the Corporation; "Land Development" means the process of constructing roads and other services on land mainly for residential housing development; No. 5 *Sierra Leone Housing Corporation* 1982 A 83 "Minister" means the person for the time being charged with responsibility for matters relating to lands, housing and Country Planning; "Republic" means the State of Sierra Leone. PART II—ESTABLISHMENT OF CORPORATION [Margin: Establishment and incorporation of the Corporation.]