Amendment status not verified — confirm the current text below against the official source.
(1) The Government shall, by notification, constitute for every Special Economic Zone (other than those established by the Central Government) an Authority to exercise the powers conferred on, and discharge the functions assigned to, it under this Act. (2) Every Authority shall be a body corporate having perpetual succession and a common seal, with a power, subject to the provisions of this Act, to acquire, hold and dispose of property, both movable and immovable, and to contract and shall sue and be sued. (3) The head office of every Authority shall be at such place as the Government may specify in the notification referred to in sub-section (1). (4) Every Authority shall consist of— (a) One member representing the Developer to be nominated by the Government, who shall be the Chairperson; (b) One officer each representing the Departments of Factories, Public Health and Town and Country Planning at such rank as may be determined and nominated by the Government in this behalf; (c) One member nominated by the Government from among the entrepreneurs; (d) One member nominated by the Government having special knowledge in matters relating to technical or other aspects of industrial units situated in the Special Economic Zone; (e) One member nominated by the Government to represent the interests of persons employed in the industrial units situated in the Special Economic Zone. (f) Chief Executive of the Authority. (5) The term of office of the members of an Authority (other than Ex-officio members) shall be such as may be prescribed. (6) An Authority may associate with itself in such manner, subject to such conditions and for such purposes as may be prescribed, any person whose assistance or advice it requires in discharging its functions effectively and that person shall be entitled to receive such allowances or fees as may be fixed by the Authority. (7) One-third of the total members of the Authority shall form a quorum, and all the acts of the Authority shall be decided by a majority of the members present. (8) No act or proceeding of an Authority shall be invalidated merely by reason (a) any vacancy in, or any defect in the constitution of, the Authority; or (b) any defect in the appointment of a person acting as a member of the Authority; or (c) any irregularity in the procedure of the Authority not affecting the merits of the case. (9) Every Authority shall meet at such times and places and shall observe such rules of procedure in regard to the transaction of business at its meetings (including quorum at such meetings) as may be prescribed.