Amendments in SEZ Rules 2006 – Progress Review Every Six Months

[Ref: Ministry of Commerce and Industry Notification dated 16th December 2010]

In exercise of the powers conferred by Section 55 of the Special Economic Zone Act, 2005 (28 of 2005), the Central Government hereby makes the following rules further to amend the Special Economic Zones Rules, 2006, namely:-

1. (i) These rules may be called the Special Economic Zones (Sixth Amendment) Rules, 2010.

(ii) They shall come into force on the date of their publication in the Official Gazette.

2. In the Form “C” of the Special Economic Zones Rules, 2006, at Serial Number 3 relating to “General Conditions”, for item (viii) the following item shall be substituted, namely:-

“The validity of this approval shall be co-terminus with validity of the Letter of Approval issued to the Developer and the progress of the implementation will be submitted to Government of India for every six months”.

[F. No. C.6/11/2009-SEZ]