Vidhi Codex

Bare Act

The Goa Investment Promotion and Facilitation of Single Window Clearance Act, 2021

General202163 sections8 chapters

This Act establishes the administrative framework for the Goa Investment Promotion and Facilitation Board to function as a single window for investors. It applies to the entire state of Goa and aims to streamline the process of obtaining necessary clearances, licenses, and permissions from various authorities. By ensuring these approvals are granted within a set timeframe, the law seeks to create a more efficient and investor-friendly business environment, ultimately promoting economic growth and investment in the region.

Start reading →Read full ActSections

Chapter I Chapter I →

  1. 1Short title, extent and commencement.
  2. 2Definitions.

Chapter II Chapter II →

  1. 3Establishment and incorporation of the Goa Investment Promotion and
  2. 4Constitution.
  3. 5Jurisdiction of the Board.
  4. 6Disqualification of Members of the Board.
  5. 7Term of office and conditions of service of the members of the Board.
  6. 8Meetings of the Board.
  7. 9Cessation of Member of the Board.
  8. 10Vacancies of the Board how to be filled.
  9. 11Temporary absence of members of the Board.
  10. 12Proceeding of the Board

Chapter III Chapter III →

  1. 13Functions of the Board.
  2. 14General Powers of the Board.
  3. 15Authentication of orders and documents of the Board.
  4. 16Directions by the Government.

Chapter IV Chapter IV →

  1. 17Constitution of the Sub-Committee.
  2. 18Jurisdiction of the Stub-Committee.
  3. 19Disqualification of Members of the Sub-Committee.
  4. 20Term of office and conditions of service of the members of the Sub-
  5. 21Meetings of the Sub-Committee.
  6. 22Cessation of Member of the Sub-Committee.
  7. 23Vacancies of the Sub-Committee how to be filled.
  8. 24Temporary absence of members of Sub-Committee.
  9. 25Proceeding of the sub-committee presumed to be good and valid.
  10. 26Functions of the Sub-Committee.
  11. 27Powers of the Stub-Committee.

Chapter VI Chapter VI →

  1. 28Finance, Accounts and Audit
  2. 29Board’s fund.
  3. 30Grants, subventions, loans and advances and capital contribution to the
  4. 31Power of the Board to borrow.
  5. 32Resewe and other funds.
  6. 33Expenditure from funds.
  7. 34Budget and programme of work.
  8. 35Accounts and audit.
  9. 36Concurrent and special audit of accounts.

Chapter VII Chapter VII →

  1. 37Officers and Employees of the Board.

Chapter VIII Chapter VIII →

  1. 38Application for clearance.
  2. 39Time limit for processing o f applications and issue of clearances
  3. 40Combined Application Form.
  4. 41Self—Certification.

Chapter IX Chapter IX →

  1. 42Declaration of Investment Promotion Area.
  2. 43Develo p ment of areas
  3. 44Allotment of land for the purpose of investment promotion.
  4. 45Restrictions of development on certain lands.
  5. 46Review of cases by the Board.
  6. 47Power of the Government to dissolve the Board.
  7. 48Implementation of the Goa Investment Policy.
  8. 49Penalty.
  9. 50Furnishing of returns, etc.
  10. 51Default in performance of duty.
  11. 52Power to make rules.
  12. 53Power of Board to make regulations.
  13. 54Protection of action taken in good faith.
  14. 55Members, officers and employees of the Board or the Sub-Committee,
  15. 56Bar of jurisdiction of courts.
  16. 57Power to delegate.
  17. 58Inspection and Assistance from Authorities.
  18. 59Act to have overriding effect.
  19. 60Power to remove difficulties.
  20. 61Repeal and savings.
  21. 62Repeal and Savings.

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