PUBLISHED IN THE GAZETTE OF INDIA , EXTRAORDINARY , PART-II SECTION -3 , SUB-SECTION (ii)

74ba0c4a7bd589b3af0fd7960425276bfee4d27e · 2005 · State unknown

Download PDF Parent Act Back to Subordinates

Parent: THE SPECIAL ECONOMIC ZONES ACT, 2005 (3ae79b14fca3b4dd5ad0dc7fce055db30e6db342)

Text

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

Rule TOC

1 · . (1) These rules may be called the Special Economic Zones (Second Amendment) Rules , 2007

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:

3 · . In the principal rules in rule 5 , in sub-rule (2) , -

4 · . In the principal rules , in rule 6,-

5 · . In the principal rules , in rule 7,-

6 · . In the principal rules , in rule 11 ,

7 · . In the principal rules , in rule 27 , after sub-rule (1) , the following provisos shall be inserted:

8 · . In the principal rules , in rule 41 , after sub-rule (2) , the following sub-rule shall be inserted:

9 · . In the principal rules , in rule 42 , after sub-rule (4) , the following sub-rule shall be inserted:

10 · . In the principal rules,-

11 · . In the principal rules , in Form A , after the "Undertaking" , the following shall be added , namely:-

1 · 1 . In the principal rules , in Form-B , in the first line , for the word "EPZ" , the word "SEZ " shall be substituted;

12 · . In the principal rules , after Form-B , the following form shall be inserted , namely:-

2 · . This approval shall be also subject to other conditions as prescribed by the Board .

3 · . The Developer may convey acceptance of all the terms and conditions indicated above within thirty days from the date of issue of this letter . All future correspondence may be addressed to the Director (SEZ) , Department of Commerce , Udyog Bhavan , New Delhi-11 .