 bill no 93 of 2019 the special economic zones (amendment) bill, 2019 a billto amend the special economic zones act, 2005be it enacted by  parliament in the seventieth year of the republic of india as follows:—1 (1) this act may be called the special economic zones (amendment) act, 2019short title and commencement(2) it shall be deemed to have come into force on the 2nd day of march, 2019 2 in section 2 of the special economic zones act, 2005, in clause (v),—28 of 2005amendment of section 25(i) after the words "local authority", the words ",trust or any entity as may be notified by the central government" shall be inserted;(ii) for the words "authority or company", the words "authority, company, trust or entity" shall be substituted 3  (1) the special economic zones (amendment) ordinance, 2019 is hereby repealedrepeal and savingsord 12 of 201910(2) notwithstanding such repeal, anything done or any action taken under the said ordinance shall be deemed to have been done or taken under this act statement of objects and reasonsthe special economic zones act, 2005 (the act) was enacted with a view to provide for the establishment, development and management of the special economic zones for the promotion of exports2 clause (v) of section 2 of the act defines the term "person" which includes an individual, whether resident in india or outside india, a hindu undivided family, co-operative society, a company, whether incorporated in india or outside india, a firm, proprietary concern, or an association of persons or body of individuals, whether incorporated or not, local authority and any agency, office or branch owned or controlled by such individual, hindu undivided family, co-operative, association, body, authority or company as the said definition did not include "trust or entity", they could not be considered to be a "person" recognised as an entrepreneur eligible to be given permission to set up a unit in special economic zone3 as the trusts or entities are very common form of operating bodies in the financial sector, it has become necessary to amend clause (v) of section 2 of the act the special economic zones (amendment) bill, 2019 which seeks to replace the special economic zones (amendment) ordinance, 2019  provides for the amendment of clause (v) of said section of the act so as to include the expression "trust or entity" in the definition of "person"4 as the parliament was not in session and an urgent legislation was required to be made, the president promulgated the special economic zones (amendment) ordinance, 2019 (ord 12 of 2019) under clause (1) of article 123 of the constitution 5 the bill seeks to replace the aforesaid ordinancenew delhi;piyush  goyalthe 18th  june, 2019 annexure extract from the special economic zones act, 2005 (28 of 2005)    2 in this act, unless the context otherwise requires,—definitions    (v) "person" includes an individual, whether resident in india or outside india, a hindu undivided family, co-operative society, a company, whether incorporated in india or outside india, a firm, proprietary concern, or an association of persons or body of individuals, whether incorporated or not, local authority and any agency, office or branch owned or controlled by such individual, hindu undivided family, co-operative, association, body, authority or company;     ————a billto amend the special economic zones act, 2005————(shri piyush goyal, minister of railways and commerce and industry)mgipmrnd—615ls(s3)—19-06-2019