Industrial Park eligibility criteria revised to require specific area allocations, unit counts, ownership and activity conditions for scheme benefits. Amendment to FORM IPS I substitutes para 2.III to require details of industrial activity and substitutes para 3.VI to require Yes/No confirmation that the industrial park meets specified eligibility criteria: commencement within the scheme window; at least seventy five per cent allocable area for industrial units; not more than ten per cent for commercial activity; minimum thirty industrial units with aggregation of associated enterprises; minimum constructed floor area of 15,000 square metres; no unit occupying over twenty five per cent of allocable area with associated enterprises; single undertaking ownership; and that units undertake only scheme defined industrial activities. The amendment is effective on publication in the Official Gazette.
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Industrial Park eligibility criteria revised to require specific area allocations, unit counts, ownership and activity conditions for scheme benefits.
Amendment to FORM IPS I substitutes para 2.III to require details of industrial activity and substitutes para 3.VI to require Yes/No confirmation that the industrial park meets specified eligibility criteria: commencement within the scheme window; at least seventy five per cent allocable area for industrial units; not more than ten per cent for commercial activity; minimum thirty industrial units with aggregation of associated enterprises; minimum constructed floor area of 15,000 square metres; no unit occupying over twenty five per cent of allocable area with associated enterprises; single undertaking ownership; and that units undertake only scheme defined industrial activities. The amendment is effective on publication in the Official Gazette.
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