Bare ActsThe Indore Special Economic Zone (Special Provisions) Act 2003

Section 8

Functions of the Developer

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

Functions of the Developer. (1)The Developer shall secure planned development of the Zone and provide for the establishment, operation, maintenance and management of the Zone infrastructure and amenities. (2)Without prejudice to the generality of the provisions of sub section(1), the Developer shall perform the following functions namely, - (a) to prepare a plan for the development of the Zone in conformity with the regulations made by the Development Commissioner and to implement such plan after obtaining his approval; (b) to demarcate and develop sites for industrial, commercial, residential and other purposes according to the plan; (c) to allocate and transfer, either by way of sale or lease or otherwise, plots of land, building or installations for industrial, commercial, residential or other purposes subject to his own title in relation to such plots of land, building or installations; (d) to regulate the erection of buildings and setting up of industries in accordance with the plan as approved by the Development Commissioner; (e) to develop, construct, install, operate, manage and maintain infrastructure and amenities for providing services either by itself or through any other person authorized by it, on its behalf; (f) to demarcate the boundary of the Zone and any parts thereof, and to construct and maintain demarcation structures, in such manner as may be prescribed; and (g) to perform such other functions as may be prescribed.

Section 8 – The Indore Special Economic Zone (Special Provisions) Act 2003 | DailyLaw.ai