Special Economic Zones (Amendment) Rules, 2010

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.... substituted, namely:- "3. Proposal for setting up of Special Economic Zone. - Every proposal under sub-sections (2) to (4) of section 3 shall be made in Form 'A' and be submitted to the concerned Development Commissioner as specified in Annexure-III, who, within a period of fifteen days, shall forward it to the Board with his inspection report, State Government's recommendation and other details specified under rule 7.". 3. After rule 3 of the principal rules, the, following rule shall be inserted, namely:- "3A. Proposal for approval as Co-developer. - The proposal under sub-section (11) of section 3 for providing infrastructural facilities in the Special Economic Zone shall be made in Form A1 to the concer....

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.... that the Developer or Co-developer as the case may be, shall submit the application in Form C1 to the concerned Development Commissioner as specified in Annexure III, who, within a period of fifteen days, shall forward it to the Board with his recommendations."; (ii) after clause (a), the following clause shall be inserted, namely : - "(aa) Where the Special Economic Zone becomes operational, the letter of approval granted under clause (a) shall be valid till the period of validity of notification of such Special Economic Zone;" (iii) in clause (b), for the proviso, the following provisos shall be substituted, namely:- "Provided that the Board may, on an application by the developer, for reasons to be recorded....

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....Central Government may, on the recommendation of the Board on the application made by the Developer, if it is satisfied, modify, withdraw or rescind the notification of a Special Economic Zone issued under this rule: Provided further that the Developer shall submit his application for withdrawal of notification in Form C6 to the concerned Development Commissioner, as specified in Annexure III, who, within a period of fifteen days, shall forward it to the Board with his recommendations". 8. In rule 9 of the principal rules, for the words "submit to the Board", the words "submit in Form C7 to the Development Commissioner who within a period of fifteen days, shall forward it to the Board with his recommendations," shall be substitu....