The Special Economic Zones Act, 2005

Special Economic Zones Act, 2005 As amended [Vide SO 940(E), dated 28-2-2024]

This edition of The Special Economic Zones Act, 2005 (Act 28 of 2005, dated 23-6-2005), updated with the latest amendment vide SO 904(E), dated 28-2-2024, serves as a comprehensive and reliable legal reference for students preparing for the All India Bar Examination (AIBE), as well as professionals in law, international trade, corporate governance, and economic policy.

The book presents the bare text of the law—precisely as enacted—without commentary or interpretation, making it ideal for examination purposes and statutory referencing. It lays down the legal framework for the establishment, development, and management of Special Economic Zones (SEZs) to promote exports, attract investment, and create employment.

The content spans the full scope of the Act, including:

• Provisions for the establishment and approval of SEZs

• Functions and powers of the Development Commissioner and SEZ Authorities

• Fiscal incentives and benefits for units and developers operating in SEZs

• Regulatory and compliance requirements for SEZ entities

• Dispute resolution mechanisms within SEZ operations

• Allied Rules and resources incorporated for complete coverage:

 – The Special Economic Zones Rules, 2006 (as amended up to 2024)

 – The Special Economic Zone Authority Rules, 2009

 – List of authorised operations to be used by the Board of Approval

This edition is particularly suitable for:

• AIBE aspirants seeking a statutorily accurate and updated resource

• Law students and academicians studying international trade and economic laws

• Practising advocates advising on corporate, trade, and investment matters

• Exporters, manufacturers, and service providers operating in SEZs

• Policymakers, consultants, and administrators managing SEZ operations

Whether used in the exam hall, in trade facilitation, or in corporate advisory, this updated text delivers the full legislative authority of The Special Economic Zones Act, 2005, as it applies in 2025.