Tabarru ” means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.
SORA means, in respect of any Singapore Business Day “i”, a reference rate equal to the daily Singapore Overnight Rate Average published by the Monetary Authority of Singapore (or a successor administrator), as the administrator of the benchmark, on the Monetary Authority of Singapore’s website currently at http://www.mas.gov.sg, or any successor website officially designated by the Monetary Authority of Singapore (or as published by its authorised distributors) (the “Relevant Screen Page”) on the Singapore Business Day immediately following such Singapore Business Day “i”; and
Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;
LHSIA means the Local Health System Integration Act, 2006, and the regulations made under it, as it and they may be amended from time to time;
Marihuana means that term as defined in section 7106 of the public health code, 1978 PA 368, MCL 333.7106.