Make a proposal for setting up of SEZ in FORM A either
to the State Government concerned or BOA directly after identifying area.the
The State government on receipt of proposal forward the same
along with its recommendation to Board of Approval within 45 days from the
receipt of proposal.
The Board after receipt of proposal as referred above approve
the proposal as such or on such terms and conditions as it may deemed fit or
may reject modify the proposal.
Where the Board :
1)
Approves the proposal, it shall communicate the same
to the Central Government.
2)
Approves with modification, the modification should be
intimated by it to the State Government or the person concerned and if the
State government or person concerned accept it, communicate approval to the
Central Government. the the
Reject the proposal, shall record the reasons in writing and
intimate it to the Central Government who shall intimate the same to the State
government or person concerned.
The Central Government shall intimate the same to the State
Government or person concerned subject to such terms & condition &
entitlements and obligation as may be impose by the Board within 30 days
of the receipt.
The Central Government may on the basis of approval of the
Board approve more than one developers in a SEZ in cases where one developers
does not have in his possession minimum area of contiguous land. In such cases,
each developers shall be treatedas developers in respect of land in his
possession.
The State Government or any person can also act as co‐developers,
for this the State or the person should enter into Development Agreement with
the State government or the person as the case may be. Government
Subject to the provision of the approval letter or provisions
of SEZ Rules, the developers may allocate space or built up area or provide
infrastructure services to the approval units in accordance with the agreement
entered into it by entrepreneur of SEZ Units.
The Developers shall after the grant of LOA, submit exact*
particular of the identified area to the Central Government and Central
Government after notifying SEZ, if it consider appropriate notify subsequently
any additional area to be included as a part of that SEZ.
*
the
exact particular of land shall include the following operations proposed to be
carried out
(A)
Certificate from State Government or its authorised agency that the developers
have legal possession and irrevocable rights to develop the said area as SEZ
and the said area is free from all encumbrances.
(B) Where
the developers has leasehold rights , it should not be less than 20 years.
(C) The
area should be contagious and vacant and it shall have no public thoroughfare.
After the appointed day, the Board may authorize the
developers to undertake in a SEZ such operation which the Central Government
may authorize.
The Formal approval will be in form B 1 where the land is in
possession of the Developers ) and in principal approval will be in form B‐1
Formal approval is valid for a period of 3 years within which
the effective steps should be taken by the developers. However, the Board may,
on application developers for reason recorded in writing, extend the period for
not exceeding 2 years.by the
In principal approval is valid for 1 year with in which the
developers shall submit suitable proposal for formal approval in Form A. The
same may be extended for further 2 years.
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