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

A notification under Section 49 of the SEZ Act proposes to apply a Central Act to SEZs only with certain modifications and adaptations. Before it is issued, what must happen to it?

The draft must be laid before each House of Parliament, while in session, for a total of thirty days, which may span one or more successive sessions. If both Houses agree to disapprove or modify it, the notification is not issued or is issued only in the modified form.

  1. AA copy of the draft must be laid before each House of Parliament for a total period of thirty daysCorrect
  2. BIt must be approved by every State Legislature where a SEZ exists
  3. CIt must be published in the Gazette by the Development Commissioner for sixty days
  4. DIt need not be laid anywhere, as it is only an administrative notification

Explanation

Section 49(2) requires a copy of every proposed notification to be laid in draft before each House of Parliament for a total of thirty days, in one or more successive sessions. If both Houses disapprove or modify it, it is not issued or is issued only as modified.

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