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        Special Economic Zones (Second Amendment) Rules, 2023 - G.S.R. 334 (E) - Special Economic Zone

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        Exemption for Units in International Financial Service Centres: IFSC based financial service units regulated by the IFSC Authority are excluded from rule applicability. Rule 53A substitutes an exemption excluding any Unit located in an International Financial Service Centre that provides financial services and is regulated by the International Financial Services Centres Authority from the applicability of rule 53, and adopts the Act's definitions of 'financial service' and 'International Financial Service Centre' for the purpose of that exemption.
                      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.

                            Exemption for Units in International Financial Service Centres: IFSC based financial service units regulated by the IFSC Authority are excluded from rule applicability.

                            Rule 53A substitutes an exemption excluding any Unit located in an International Financial Service Centre that provides financial services and is regulated by the International Financial Services Centres Authority from the applicability of rule 53, and adopts the Act's definitions of "financial service" and "International Financial Service Centre" for the purpose of that exemption.


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