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CS Executive · Economic, Commercial and Intellectual Property Laws · Law relating to Special Economic Zones

A Central Government SEZ existed before the 2005 Act commenced and no Authority has yet been constituted for it. Who exercises control over it in the meantime?

Until the Authority is constituted, the person or authority already controlling the existing SEZ, including the Development Commissioner, continues to exercise control. The Authority is to be constituted by the Central Government within six months of the Act's commencement.

  1. AThe Board of Approval
  2. BThe person or authority, including the Development Commissioner, already exercising control over itCorrect
  3. CThe State Government where the zone is located
  4. DThe Developer of the zone

Explanation

Under the second proviso to section 31(1), until the Authority is constituted, the person or authority (including the Development Commissioner) exercising control over the existing SEZ continues to do so. The Authority itself must be constituted within six months of commencement of the Act.

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