State Act
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Section 3. Declaration of Special Investment Region.
THE KARNATAKA SPECIAL INVESTMENT REGION ACT, 2022
Act no. 05 of 20232023In forceKarnataka (State Act)
3. Declaration of Special Investment Region.- (1) The State Government may, by notification in the official Gazette, declare an existing or proposed investment region or industrial area to be a Special Investment Region and determine the geographical area of the Special Investment Region for carrying out the purposes of this Act. (2) An investment region or industrial area declared as a Special Investment Region may be known with the name of its location or its predominant economic activity. (3) Every notification issued under sub-section (1) shall be laid before the State Legislature, as soon as may be possible, after it is issued.