Industrial park designation conditions tax benefit eligibility subject to minimum units, infrastructure investment, and ongoing operation requirements. Central Government notifies M/s. State Infrastructure and Industrial Development Corporation of Uttaranchal Limited as an industrial park for purposes of the Act, subject to specified terms including park location, area, allocable industrial and commercial percentages, minimum number of units required for tax-benefit eligibility, minimum infrastructure investment thresholds (higher where built-up space is provided), defined common infrastructure, a fifty percent cap on occupation by any single unit, operator continuity during benefit period, transfer notification procedures, and invalidation and withdrawal consequences for misinformation, non-disclosure, unapproved amendments, or non-compliance.