Infrastructure Capital Fund [Section 2(26B)]
Infrastructure capital fund means such fund operating under a trust deed registered under the provisions of the Registration Act, 1908 established to raise monies by the trustees for investment by way of acquiring shares or providing long-term finance to -
(1) any enterprise or undertaking wholly engaged in the business referred to in section 80- IA(4) or section 80-IAB(1); or
(2) an undertaking developing and building a housing project referred to in section 80-IB(10); or
(3) a project for constructing a hotel of not less than three star category as classified by the Central Government; or
(4) a project for constructing a hospital with at least 100 beds for patients.
Infrastructure capital fund means such fund operating under a trust deed registered under the provisions of the Registration Act, 1908 established to raise monies by the trustees for investment by way of acquiring shares or providing long-term finance to -
(1) any enterprise or undertaking wholly engaged in the business referred to in section 80- IA(4) or section 80-IAB(1); or
(2) an undertaking developing and building a housing project referred to in section 80-IB(10); or
(3) a project for constructing a hotel of not less than three star category as classified by the Central Government; or
(4) a project for constructing a hospital with at least 100 beds for patients.
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