Reduction in investment limit on SSI units preserves earlier permanent, switched and timely provisional registrations as SSI status. The policy reduces the investment limit for small-scale and ancillary undertakings, and clarifies that units with permanent registration under the December 1997 order, units that switched over to SSI status under that order, and units with provisional State registration obtained within the 180 day limitation period specified in the December 1997 order, shall continue to remain classified as SSI units despite the subsequent reduction in the investment threshold.
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Provisions expressly mentioned in the judgment/order text.
Reduction in investment limit on SSI units preserves earlier permanent, switched and timely provisional registrations as SSI status.
The policy reduces the investment limit for small-scale and ancillary undertakings, and clarifies that units with permanent registration under the December 1997 order, units that switched over to SSI status under that order, and units with provisional State registration obtained within the 180 day limitation period specified in the December 1997 order, shall continue to remain classified as SSI units despite the subsequent reduction in the investment threshold.
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