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        Rule 53A - Exemption

        Special Economic Zones Rules, 2006
        Chapter VI
        FOREIGN EXCHANGE EARNING - REQUIREMENTS AND MONITORING

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        IFSC units exemption: rule 53 does not apply to regulated financial-service units, defined by IFSC statutory terms. Rule 53A exempts Units in an International Financial Service Centre from the application of rule 53 when those Units provide financial services regulated under the IFSC statutory framework, with the exemption governed by the statutory definitions of 'financial service' and 'International Financial Service Centre.'
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            IFSC units exemption: rule 53 does not apply to regulated financial-service units, defined by IFSC statutory terms.

                            Rule 53A exempts Units in an International Financial Service Centre from the application of rule 53 when those Units provide financial services regulated under the IFSC statutory framework, with the exemption governed by the statutory definitions of "financial service" and "International Financial Service Centre."


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