Bare ActsThe Goa Investment Promotion Act, 2014

Section 8

Restrictions

Amendment status not verified — confirm the current text below against the official source.

Restrictions.— The Board shall not recommend following class of lands for the purpose of setting up of projects or for investment promotion under this Act— (i) Khazan land and low lying paddy fields except for the purpose of activities as permissible thereon, such as, agriculture, dairy farming and other allied activities; (ii) Sloppy land with a gradient of more than 25%; (iii) Forest lands and wild life areas except for the purpose of activities as permissible thereon, such as gaming reserve, sanctuary lodges, eco-tourism, forest tourism, etc.; (iv) Coastal Regulatory Zone areas except where the foreshore facilities are required; (v) Tenanted agricultural land except for agricultural activities carried out by tenant/deemed purchaser. Explanation.— The aforesaid activities shall be permitted subject to the approval by the relevant authorities under the relevant laws.

Section 8 – The Goa Investment Promotion Act, 2014 | DailyLaw.ai