Special Economic Zones (Amendment) Act, 2019

Jul 10, 2019 | by Avantis RegTech Legal Research Team

The Legislative Department on July 08, 2019, has published the Special Economic Zones (Amendment) Act, 2019, to further amend Section 2 of Special Economic Zones Act, 2005, which specifies Definitions.

Under Section 2(v):

Ø  After the words "local authority", the words ", trust or any entity as may be notified by the Central Government" shall be inserted;

Ø  For the words "authority or company", the words "authority, company, trust or entity" shall be substituted.

The Special Economic Zones (Amendment) Ordinance, 2019 is hereby repealed. Notwithstanding such repeal, anything done or any action taken under the said Ordinance shall be deemed to have been done or taken under this Act

It shall be deemed to have come into force on March 02, 2019.


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