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Industry specific- SEZ Central Ministry of Finance Special Economic Zones Act, 2005

Special Economic Zones (Second Amendment) Rules, 2024

14-Mar-2024 | G.S.R. 194(E)

Department of Commerce has issued Special Economic Zones (Second Amendment) Rules, 2024, effective from 14th March 2024.

By virtue of the amendment, in rule 21B, for the word aircraft leasing, the words aircraft or ship leasing have been substituted. Therefore, A Unit in an International Financial Services Centre, authorised to undertake aircraft or ship leasing activity, if allowed by the International Financial Services Centre Authority not to maintain separate office, may utilise office space or manpower or both, of another unit set up in International Financial Services Centre authorised to undertake aircraft leasing activity, as may be approved by the Authority.

For detailed information, please refer to the attached document.

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