Govt. amends SEZ Act, allows Trusts to set-up units in SEZ

Jul 09,2019

Ministry of Law & Justice notifies that the Special Economic Zones (Amendment) Act, 2019 has received Presidential assent on July 6, 2019; The Amendment Act modifies Sec. 2(v) of the SEZ Act to enable a trust or any entity notified by the Central Government, to set up units in the SEZ; The Amendment Act shall be deemed to have come into force on the 2nd day of March, 2019.

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