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Section 48B

Power to modify terms and conditions

of Free Zones Act 1990

ActIn forceProvision 62 of 67
Section 48B
(1)

Where terms and conditions are imposed pursuant to this

Act, the Minister may, on the advice of the Director General, from time to time modify the terms and conditions for the purpose of carrying out the objects of this Act.

(2)

Before modifying the terms and conditions, notice must be given to the person bound by the terms and conditions stating—

(a)

the terms and conditions as modified; and

(b)

the date the terms and conditions as modified take effect.

(3)

The modified terms and conditions shall not take effect in less than fourteen days from the date the notice is issued under subsection (2).

(4)

Where the terms and conditions were initially imposed by the

Director General or Authority pursuant to this Act, the terms and conditions as modified by the Minister shall be deemed to have been imposed by the Director General or Authority, as the case may be.

(5)

For the purposes of this section, “modify” means add to, delete or vary.