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....rwise requires: (i) "Act" shall mean the International Financial Services Centres Authority Act, 2019; (ii) "Authority" means the International Financial Services Centres Authority established under sub-section (1) of section 4 of the Act; (iii) "Foreign Educational Institution" shall mean an education institution outside India, which is not a university, and is duly aut....

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.... with the Authority; (vi) "Offshore Education Centre" or "OEC" shall mean a centre set up as a branch by a Foreign Educational Institution (other than a Foreign University) in the GIFT IFSC on stand-alone basis or in such other form as may be permitted by the Authority for the purpose of delivering courses including research programmes in the permissible subject areas, that are duly accre....