Bare ActsThe Special Economic Zones Act, 2005

Section 5

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

The Central Government, while notifying any area as a Special Economic Zone or an additional area to be included in the Special Economic Zone and discharging its functions under this Act, shall be guided by the following, namely:- (a) generation of additional economic activity; (b) promotion of exports of goods and services; (c) promotion of investment from domestic and foreign sources; (d) creation of employment opportunities; (e) development of infrastructure facilities; and (j) maintenance of sovereignty and integrity of India, the security of the State and friendly relations with foreign States. Establishment of Special Economic Zone and approval and authorisation to operate it to, Developer. Guidelines for notifying Special Economic Zone. Processing and non-process- ing areas. Exemption from taxes, duties or cess. Constitution of Board of Approval '- 6 THE GAZETTE OF INDIA EXTRAORDINARY [PARTII-

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