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Coming to the amendment. Two words have to be incorporated in the definition person i.e. `trust’ and `entity’. …(Interruptions). I will quote the rule if you want. Sir, you may kindly see whether these words are defined in the original Act. There is no definition. `Trust’ is not defined in the original Act and `entity’ is also not defined in that. What do you mean by `entity’? As per the dictionary, a thing with distinct and independent existence is an entity. That means anyone at the instance of the Government can be brought within the purview of `person’ as may be notified by the Government. Suppose the Government is interested in a group of persons or association of persons, by this notification, he is eligible for the SEZ benefit. How can it be? How can the Government be given such an unfettered right? I am again and again asking what is the role of the Parliament?
Even one of the most important senior former Members of the previous Government, Shri Arun Jaitley, when he was the Leader of the Opposition, said, and I quote: “An Ordinance under article 123 is only issued when issues of extreme urgency arise and cannot await a forthcoming Parliament Session.” The matter must be of such urgency between the date of issuance of the Ordinance and the date of the Parliament Session that it is difficult to wait for that period. We need to ask ourselves as to whether we have met the constitutional standards required under article 123.
Thank you.
SHRI E. T. MOHAMMED BASHEER (PONNANI): Madam, this Amendment Bill is just a cosmetic type of a Bill.…(Interruptions)
HON. CHAIRPERSON: Mr. Basheer, you just have three minutes to speak.
SHRI E. T. MOHAMMED BASHEER : Okay, Madam.
Actually, this Government could have brought a very effective legislation on this Special Economic Zones Act, 2005. Three very effective documents were there before the Government. One is C&AG Report on SEZ. Two, as correctly pointed out by the former speakers, we have Baba Kalyani Committee Report which went into the details of the functioning of this SEZ. Similarly, there is two and a half years of our own experience in running this SEZ. What the C & AG Report dated November 28, 2014 says is this, and I quote:
जैसाकिभर्तृहरिजीनेबतायाकिदेशमेंइनवेस्टमेंटआएऔरदेशकीआर्थिकप्रगतिमेंदेरीनहो । स्टेटमेंटमेंभीलिखागयाहै, इंटरनेशनलफाइनैंशियलसैंटर्सवगैरहइसदेशमेंआएं, निवेशआए, अलग-अलगप्रकारकेजोमॉडर्नइनवेस्टमेंटकेव्हीकल्सहैं, वेभीइसदेशमेंआसकें । इसमेंविलम्बहोनेसेकिसीकोलाभयाहानिनहींथी, जैसेहीध्यानमेंआयाऔरसेबीनेएकनोटिफिकेशननिकालाजिसकेतहतअल्टरनेटइनवेस्टमेंटफण्ड्सकोअलाऊकियागयाकिवेभीइनवेस्टकरें । इसकेबादसरकारकोलगाकियहअच्छारहेगाकिदेशमेंअल्टरनेटइनवेस्टमेंटफण्ड्सकेमाध्यमसेस्पेशलइकोनॉमिकजोन्स, जोफाइनेंसकेक्षेत्रमेंहैंऔरइंटरनेशनलफाइनैंशियलसर्विसिससैंटर्सकेरूपमेंकामकरतेहैं, उनकोभीअलाऊकियाजाए । हमनेलिखाभीहैकि 26नवम्बर, 2018 को जबसेबीनेअल्टरेनेटइनवेस्टमेंटफण्ड्सकोट्रस्टकेमाध्यमसेइंटरनेशनलफाइनैंशियलसैंटर्समेंऑपरेटकरनेकेलिएअनुमतिदीथी । साथहीसाथरिज़र्वबैंकनेट्रस्टकीपरिभाषाबहुतअच्छेतरीकेसेसमझारखीहै । किसीनेचैरिटेबलट्रस्टकेऊपरसीएजीरिपोर्टकेबारेमेंकहा, किसीनेकहाकिट्रस्टकीडेफिनेशननहींदीगयीहै । इसकीडेफिनेशनउसकेरेगुलेटर्सदेतेहैं । पर्सनकीडेफिनेशनमेंइंडिविजुअलकौनहै? लिमिटेडकम्पनीक्याहै? पार्टनरशिपक्याहै? यहसबहरकानूनमेंनहींदियाजाताहै । यहमेनकानूनमेंदियाजाताहैऔरसेबीनेउसकोठीकतरीकेसेपूरासमझायाहै । 26 नवम्बरकोउसकीडेफिनेशनऔरअनुमतिआयी । उसकेबादजैसाकिहमसभीजानतेहैंकिबजटसेशनआनेवालाथा । यहछोटासेशनथा, क्योंकिइंटरिमबजटआनाथा । उससमयकईसारेइंट्रप्शन्सऔरडिस्टर्बेंसिसकेकारणकोईनयाकानूनलानेकीसम्भावनानहींथी । चूंकिऑपरेटिंगबॉडीज़फाइनैंशियलसेक्टरमेंलानेकेलिएट्रस्टएककॉमनफोरमहै, ऐसीपरिस्थितिमेंइसऑर्डिनेंसकोपारितकियागया । मैंसमझताहूंकिकांस्टीट्यूशनमेंभीराष्ट्रपतिमहोदयकोयहजिम्मेदारीदीगईहैकिऑर्डिनेंसकोलानेकीजरूरतहैयानहीं । यहसबदेखकरहीवेऑर्डिनेंसकोपारितकरतेहैं । मैंएकलाइनक्वोटकरनाचाहूंगा । माननीयप्रधानमंत्रीजीनेकहाथा – And I quote: