PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II SECTION- 3, SUB-SECTION (ii) — 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 16th 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 (2) 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) , in clause (a); (A the first proviso shall be deleted; (B) the fourth proviso shall be deleted. 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 t0 case basis for allowing conversion to another class of Spe