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Economic - Law Dictionary Search Results

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Special Economic Zone

Special Economic Zone, means a specifically delineated duty-free enclave, as if it were a foreign territory for the purpose of trade operations, duties and tariffs, having been declared and notified in the official Gazette as a Special Economic Zone by the Central Government. [West Bengal Special Economic Zone Act, 2003, s. 2(l)]Means each Special Economic Zone notified under the proviso to sub-section (4) of section 3 and sub-section (1) of section 4 (including Free Trade and Warchousing Zone) and includes an existing Special Economic Zone. [Special Economic Zone Act, 2005 (28 of 2005), s. 2(za)]Means each Special Economic Zone notified under the proviso to sub-s. (4) of s. 3 and sub-s. (1) of s. 4 (including Free Trade and Warehousing Zone) and includes an existing Special Economic Zone. [Special Economic Zone Act, 2005, s. 2(Za)]Means the area declared by the Government of India as the Special Economic Zones. [Gujarat Special Economic Zone Act, 2004, s. 2(n)]Means an area identified...


economic duress

economic duress : wrongful or unlawful conduct that creates fear of economic hardship which prevents the exercise of free will in engaging in a business transaction ;also : the defense of economic duress called also business compulsion ...


Existing Special Economic Zone

Existing Special Economic Zone, means every Special Economic Zone which is in existence on or before the commencement of this Act, the Special Economic Zones Act, 2005, s. 2(k)....


Economic activity

Economic activity, means in order to determine whether an activity is an economic activity for the purpose of the common system of VAT, 'the activity is considered per se and without regard to its purpose or result, Commission v. Netherlands, (1987) ECR 1471....


Public emergency and economic emergency

Public emergency and economic emergency, public emergency within the contemplation of this section is one which raises problems concerning the interest of the public safety, the sovereignty and integrity of India, the security of the State, friendly relations with foreign States or public order or the prevention of incitement of the commission of an offence. It is in the context of these matters that the appropriate authority has to form an opinion with regard to the occurrence of a 'public emergency' with a view to taking further action under this s. Economic emergency is not one of those matters expressly mentioned in the statute, Hukam Chand Shyam Lal v. Union of India, (1976) 2 SCC 128: AIR 1976 SC 789. [Telegraph Act, 1885, s. 5(1)]...


economic obsolescence

economic obsolescence see obsolescence ...


economic realities test

economic realities test : a judicial method of determining the nature of a business transaction or situation ;esp : a test used by courts for the purpose of determining if a person is an employee by considering such things as the extent of the alleged employer's ability to control, hire, fire, and discipline the person, the nature of the person's duties, and the payment of wages ...


economic strike

economic strike see strike ...


Economize

To manage with economy to use with prudence to expend with frugality as to economize ones income...


Economizer

One who or that which economizes...


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