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

rules · 2005 · State unknown

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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 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

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_
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-B, in the first line, for the word EPZ" the word "SEZ" shall be substituted;
12 · In the principal rules, after Fomm-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 tems 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,
PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II SECTION- 3, SUB-SECTION (ii) — THE SPECIAL ECONOMIC ZONES ACT, 2005 — Roop's Law Assist Statutes