Minutes of the 42nd meeting of the SEZ Board of Approval held on 16th September 2010 to consider proposals for setting up of Special Economic Zones

SEZ approvals and regulatory decisions: formal and in principle grants, co developer authorisations, de notifications and procedural deferrals.

The Board granted multiple formal and in principle approvals for sector specific and multi product SEZs where developers held land and state recommendations existed, approved conversion of some in principle approvals subject to contiguity guidelines, authorised co developer roles for infrastructure (subject to tax assessment by revenue authorities), granted extensions of approval validity, approved de notifications and withdrawals subject to refund certificates, set a 10% threshold for area changes not requiring Board approval if contiguity is maintained, and deferred policy items pending Department of Revenue input while disposing of various appeals by upholding, rejecting or restoring Letters of Approval as appropriate.