CS Executive · Economic, Commercial and Intellectual Property Laws · Law relating to Special Economic Zones
The Central Government wishes to direct that a particular provision of a Central Act (other than the SEZ Act) shall not apply to all Special Economic Zones. Under the SEZ Act, 2005, which method does Section 49 provide for this?
The Central Government does this by issuing a notification under Section 49(1). It can direct that a specified provision of another Central Act does not apply to one, a class of, or all Special Economic Zones. Neither the Development Commissioner nor the State Government holds this power.
- ABy a notification issued by the Central GovernmentCorrect
- BBy a resolution of the Board of Approval alone
- CBy an order of the Development Commissioner of each zone
- DBy a notification issued by the State Government
Explanation
Section 49(1) empowers the Central Government, by notification, to direct that specified provisions of the Act or any other Central Act shall not apply to a SEZ, a class of SEZs or all SEZs. The Board of Approval, Development Commissioner and State Government have no such power under this section.
Did you get it right without looking?
One question tells you little. A timed set on Law relating to Special Economic Zones shows your real accuracy, how long you take and where you lose marks.
More Law relating to Special Economic Zones questions
- Bharat Fabrics, an SEZ Unit, buys raw material from a supplier in the Domestic Tariff Area for its authorised operations. Which benefit does…
- Under the SEZ Act, 2005, what is the legal status of an SEZ for undertaking authorised operations, which underpins the duty concessions?
- Meridian Infra Pvt Ltd wants to set up an SEZ and seeks a decision on the proposal and on the authorised operations it may carry out as Deve…
- The Board under the SEZ Act, 2005 wishes to reduce its workload by letting officers on the ground exercise some of its functions for effecti…
- The Central Government notifies that a particular SEZ shall be deemed an inland container depot under section 7 of the Customs Act, 1962 fro…
- Meridian Infra Ltd. wants approval for a proposed Special Economic Zone near Pune and also wants its proposal to be modified before approval…