PUBLISHED IN THE GAZETTE OF INDIA , EXTRAORDINARY , PART-II SECTION -3 , SUB-SECTION (ii)
74ba0c4a7bd589b3af0fd7960425276bfee4d27e
Parent: THE SPECIAL ECONOMIC ZONES ACT, 2005
PUBLISHED IN THE GAZETTE OF INDIA , EXTRAORDINARY , PART-II SECTION -3 , SUB-SECTION (ii) Government of India Ministry of Commerce and Industry (Department of Commerce) New Delhi , dated the 16 th March , 2007 Notification S.O . 393 (E) . -In exercise of the powers conferred by section 55 of the Special Economic Zones Act , 2005(28 of 2005) , the Central Government hereby makes the following rules to amend the Special Economic Zones Rules , 2006 , namely: 1 . (1) These rules may be called the Special Economic Zones (Second Amendment) Rules , 2007 They shall come into force on the date of their publication in the Official Gazette . 2 . In the Special Economic Zones Rules , 2006 (hereinafter referred to as the principal rules) , in sub-rule (1) rule 2 , for clause (b) , following shall be substituted: "Advance Licence " means Advance Licence issued under the Duty Exemption and Remission Scheme of the Foreign Trade Policy and includes advance authorisation . 3 . In the principal rules in rule 5 , in sub-rule (2) , - (i) in clause (a),- (A) the first proviso shall be deleted; (B) the fourth proviso shall be deleted . (ii) in clause (b) , for the words "A Special Economic Zone for a specific sector or in a port or airport, " the words "A Special Economic Zone for a specific sector or for one or more services or in a port or airport " shall be substituted; (iii) after clause (c) , the following clause shall be added , namely:- “(d) If a Developer subsequent to approval or notification of a Special Economic Zone acquires more contiguous and vacant land which makes the total area available , including the area already notified as Special Economic Zone , more than the minimum area required for another class of SEZ , the Board may consider such cases on a case to case basis for a