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

The Central Government proposes a notification under section 49 of the SEZ Act, 2005 directing that a Central Act shall not apply to all Special Economic Zones. Which statement about the procedure is correct?

A draft of the proposed notification must be laid before each House of Parliament, while in session, for a total period of thirty days. If both Houses agree in disapproving or modifying it, it is not issued or is issued only as modified, under section 49(2).

  1. AA copy of the proposed notification must be laid in draft before each House of Parliament for a total period of thirty daysCorrect
  2. BThe notification takes effect immediately on publication without Parliament seeing it
  3. CIt must be laid before only the Lok Sabha for fifteen days
  4. DIt needs prior approval of every State Legislature

Explanation

Section 49(2) requires the draft of every proposed notification under sub-section (1) to be laid before each House of Parliament while in session for a total period of thirty days, in one or more successive sessions. If both Houses disapprove or modify it, it is not issued or is issued only in the modified form.

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