Parliament Passes SEZ Amendment Bill Allowing Trusts To Open Units In SEZs [Read Bill]
LIVELAW NEWS NETWORK
28 Jun 2019 8:03 AM IST
![Parliament Passes SEZ Amendment Bill Allowing Trusts To Open Units In SEZs [Read Bill]](https://www.livelaw.in/h-upload/2019/03/03/750x450_358767-sez.jpg "Parliament Passes SEZ Amendment Bill Allowing Trusts To Open Units In SEZs [Read Bill]")
The Rajya Sabha on Thursday cleared the Special Economic Zones (Amendment) Bill 2019, a day after it was passed by the Lok Sabha.This Bill replaces the Special Economic Zone (Amendment) Ordinance 2019 promulgated last March, allowing trusts to seek establishment of units in SEZs. This is done by amending the definition of "person" under Section 2(v) of the SEZ Act 2005 to include 'trusts'....
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