Section 54, Export-Import Bank of India Act, 1981 [S1R-Q2E]
As at 7 September 2026. In force from 5 January 1981.
54. Prohibition of the development of a Special Economic Zone without licence.—No person shall undertake the development of a Special Economic Zone except under and in accordance with the conditions of a licence granted under section 55: Provided that nothing in this section shall apply to the development of a Special Economic Zone undertaken by or on behalf of the Central Government or a State Government.
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