Authority governance and financial powers set management duties, expenditure controls, staffing rules and reporting obligations. These Rules establish the governance, financial and administrative framework for the Special Economic Zone Authority: two year terms for nominated members, grounds for entrepreneur member vacancy and Central Government replacement; Authority powers to manage the Zone, raise resources, approve accounts, engage professionals and implement welfare schemes within expenditure caps; delegated expenditure, cheque signing and travel authorities for the Chairperson with approval thresholds and conditions for contracts; appointment, absorption and pay controls for staff with a cap on personnel costs; and prescribed meeting, accounts, audit and reporting requirements including formats and submission deadlines.
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Provisions expressly mentioned in the judgment/order text.
Authority governance and financial powers set management duties, expenditure controls, staffing rules and reporting obligations.
These Rules establish the governance, financial and administrative framework for the Special Economic Zone Authority: two year terms for nominated members, grounds for entrepreneur member vacancy and Central Government replacement; Authority powers to manage the Zone, raise resources, approve accounts, engage professionals and implement welfare schemes within expenditure caps; delegated expenditure, cheque signing and travel authorities for the Chairperson with approval thresholds and conditions for contracts; appointment, absorption and pay controls for staff with a cap on personnel costs; and prescribed meeting, accounts, audit and reporting requirements including formats and submission deadlines.
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