Amendment status not verified — confirm the current text below against the official source.
Definitions.- In this Act, unless the context otherwise requires,- (a) “Amenities” means basic and essential services including but not limited to road, bridge, by-pass and underpass, drainage, water supply, collection-treatment-discharge and disposal of industrial, institutional and township waste, health, education, transport, disaster management, parks, green areas, gas pipeline, entertainment, hospitality, recreation, industrial parks, townships, institutional areas and other facilities of conveniences as the Apex Authority may specify; (b) “Apex Authority” means the Special Investment Region Apex Authority constituted under section 5; (c) “Award of project” means awarding, allocating, assigning, transferring and leasing a project or work for execution, operation, management or maintenance under this Act; (d) “Concession agreement” shall have the same meaning as assigned to it in the Public Private Partnership Projects; (e) “Developer” means a person or entity with whom a concession agreement is entered into or a project has been awarded and such other agreement is entered into for furtherance of the objectives of this Act; (f) “Economic activity” means the activity and service including but not limited to industrial, manufacturing, commercial, financial, processing, 4 packaging, logistics, transport, tourism, hospitality, health, housing, entertainment, research and development, education and training, information and communication, management and consultancy, corporate offices and the activities and services connected therewith or incidental thereto and other economic activities as the Apex Authority may specify; (g) “Government” means the Government of Karnataka; (h) “Government agency” means a Corporation or a body owned or controlled by the State Government or an authority established by or under any law of the State and includes a local authority and a Government Company formed under the Companies Act, 2013 (Central Act 18 of 2013); (i) “Industrial Area” shall have the same meaning as assigned to it in the Karnataka Industrial Areas Development Act, 1966 (Karnataka Act 18 of 1966) and having an area of not less than five sq. kilometers; (j) “Infrastructure project” means any project or facility, utility, amenity or service which is required for desirable, smooth, productive and efficient functioning of the Special Investment Region and includes such project within the Special Investment Region, connecting the Special Investment Region or required for it; (k) “Investment Region” means an area of more than ten square kilometres, which need not be contiguous and having or proposed for predominantly economic activity; (l) “Local Authority” means and includes a village panchayat declared under clause 21 of section 2 of the Karnataka Gram swaraj and Panchayat Raj Act 1993 (Karnataka Act 14 of 1993), a municipal council or a municipal corporation and areas under Bruhat Bengaluru Mahanagara Palike, a Planning Authority or an Urban Development Authority excluding industrial area or the Investment Region; (m) “Occupier” means a person who is in the legal possession of a site or building in the Special Investment Region and includes his successor, transferee and assignee; (n) “Person” means and includes an individual, an entity, a company, firm, organization, association, society, establishment, institution including Government agency, carrying on business or economic activity in the Special Investment Region or entrusted with any work under the provisions of this Act; (o) “Prescribed” means prescribed by rules made by the State Government under section 37 of this Act; (p) “Regional development authority” means the Regional development authority constituted under section 8; (q) “Regulations” means the regulations of the Apex Authority made under section 39; (r) “Special Investment Region” means an Investment Region or an industrial area declared under section 3; (s) “Unit” means a unit set up by a person for the purpose of carrying on any economic activity in Special Investment Region and includes an existing unit whether established before or after the commencement of this Act; and 5 (t) “User charges” mean the charges levied by the Regional development authority, a developer or any other entity authorized for that purpose under this Act. CHAPTER – II DECLARATION OF SPECIAL INVESTMENT REGION