TaxTMI 
TaxTMI 
Special Economic Zone Authority Rules, 2009
X X X X Extracts X X X X
X X X X Extracts X X X X
.... TERM OF OFFICE, VACANCY OF THE MEMBERS 3. Term of Office. - The term of office of members of the Authority (other than ex-officio Members) shall be for a period of two years from date of their nomination and they shall not be eligible for re-nomination immediately after expiry of their term but can be nominated for a subsequent term. 4. Conveyance and allowances of the nominated members. - The nominated members shall not be eligible for any conveyance or allowances for attending the meetings of the Authority. 5. Vacancy of the entrepreneur member or their nominee. - (1) The vacancy of a member or their nominee shall be deemed to have occurred due to one or more of the following reasons, namely :- (i) resignation from the Special Economic Zone Authority concerned; (ii) death of the member; (iii) the Unit represented by the member defaults in payment of dues to the Special Economic Zone Authority concerned; (iv) the member absents himself/herself in attending the proceedings of the Authority for three consecutive meetings; (v) if any criminal proceeding is initiated against the Unit represented by such member either by the State....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ity shall be in the custody of the Chairperson or in the custody of an officer of the Authority designated for the purpose by the Authority. 7. Power of the Authority to Expenditure. - (1) All expenditure of the Authority except as specified in the sub-rule (2) below, shall be approved by the Authority. (2) The Chairperson shall have,- (i) powers to approve minor works and maintenance works of the Zone; (ii) powers to approve recurring expenditure in connection with :- (a) Salaries, (b) Overtime allowances, (c) Travel Expenses, (d) Advertisement and Publicity, (e) Rent, Rates, Taxes, (f) Professional services and legal expenses, and Explanation : Minor works and maintenance works mentioned at clause (i) above means work costing less than rupees fifty lakhs per work. (iii) powers to approve contingent expenditure both recurring and non-recurring: Provided that the expenditure so incurred does not exceed Rupees Fifty lakhs at a time: Provided further that the Authority concerned shall be competent to incur such expenditure beyond rupees fifty lakhs. (3) The Chairperson....
X X X X Extracts X X X X
X X X X Extracts X X X X
....lakhs; and (b) shall be signed by the Chairperson of the Authority and the Secretary if exceeds rupee ten lakhs: Provided that in the absence of the Secretary such cheques or pay orders shall be signed by the Chairperson and any other officer of the Authority. 8. The Development Commissioner who is the Chairperson and the Chief Executive Officer of the Authority shall - (i) in the absence of regular Secretary, may designate any officer of the Authority to act as Secretary to the Authority and such appointment shall be ratified by the Authority in its next meeting; (ii) entrust such other duties and responsibilities to the Secretary; (iii) implement the decisions of the Authority; (iv) comply with the directions of the Central Government under Section 38 of the Act for its efficient administration; (v) maintain the land records and title deeds of the Special Economic Zone concerned in safe custody; (vi) defend the suits against the Central Government in any Court for payment of enhanced compensation for private lands acquired under the Land Acquisition Act for development of the Special Economic Zone; ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e and immovable property of the Central Government acquired on behalf of the President of India in terms of the provisions of the lease deed against any Unit in the Special Economic Zone and vested in the Central Government shall be permissible without the prior approval of the Central Government. CHAPTER IV APPOINTMENT OF THE OFFICERS AND EMPLOYEES OF THE AUTHORITY 9. (1) The Authority shall appoint officers and employees for the efficient discharge of its function. (2) Categories, numbers and pay scales of the officers and employees required by the Authority under sub-rule (1) shall be decided with the approval of the Central Government. (3) The appointment to the service of the Authority may be made by any of the following methods; namely:- (a) transfer of any officer or employee in the existing Special Economic Zones as per sub-section (1) of Section 33 of the Special Economic Zone Act including by way of absorption. (b) transfer on Deputation or Absorption from the Central Government, State Governments, Union Territory Administrations and Public Sector Undertakings of the States, Central, Union Territory Administrations and Autonomous bodies fu....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e rendered under the Government; (b) the Authority shall be competent to continue and complete the disciplinary proceedings and impose appropriate penalty, if found necessary, under the Central Civil Services (Classification, Control and Appeal) Rules, 1965 against any employee of the Authority in respect of whom the Development Commissioner or an officer subordinate to the Development Commissioner, was the Appointing/Disciplinary Authority, in respect of any misconduct committed before the absorption of such employees in the service of the Authority; (c) in other cases not covered by clause (b) above, where the Appointing or Disciplinary Authority of the delinquent official was the President of India or the Central Government, the disciplinary proceedings will be continued and completed by the Central Government. (11) The terms and conditions of deputation to the service of the Authority shall be decided by the Authority in consultation with the lending organisations and with the approval of the Central Government. CHAPTER V MEETINGS OF THE AUTHORITY 10. Meetings of the Authority. - (1) There shall be not less than four ordinary meetings of the Author....
X X X X Extracts X X X X
X X X X Extracts X X X X
....(s) of the Authority shall be taken for review and further direction, if any. (15) The decisions taken during the meeting of the Authority shall be minuted and circulated within seven working days of the meeting to all members of the Authority for follow up action and compliance. (16) Notwithstanding anything contained in this rules, the Central Government may, at any time, call a meeting of the Authority. (17) The business, not included in the agenda shall not be transacted at the meeting without the permission of the Chairperson. CHAPTER VI ACCOUNTS, RETURNS AND STATEMENTS OF THE AUTHORITY 11. Accounts of the Authority. - (1) The account of the Authority shall include a statement regarding :- (a) the estimated opening balance; (b) estimated receipts under clauses (a) to (d) of sub-section (1) of Section 36 of the Act; and (c) the estimated expenditure. (2) The annual accounts and financial statements along with necessary schedules, note on accounts and significant accounting policies as mentioned in Schedule-II shall be prepared in accordance with the common format of financial statements for the Central Government Autonomous bodies....