The National Housing Bank Act, 1987 CHAPTER I: PRELIMINARY Section 2: Definitions Bare ActIn this Act, unless the context otherwise requires, - (a) "Board" means the Board of Directors of the National Housing Bank referred to in section 6; (b) "Chairman" means the Chairman of the Board appointed under s Simplified ActThis section explains various terms used in this law: (a) "Board" is the group of people who direct the National Housing Bank, as mentioned in section 6 of this law. (b) "Chairman"