law: Special Economic Zones Act, 2005 
  14. Powers and functions of
  
  Approval Committee 
  1.     
  
    Every
  
  Approval Committee may discharge the functions and exercise the powers in
  
  respect of the following matters, namely:-
  a.     
  
    approve
  
  the import or procurement of goods from the Domestic Tariff Area, in the
  
  Special Economic Zone for carrying on the authorised operations by a Developer;
  b.    
  
    approve
  
  the providing of services by a service provider, from outside India, or from
  
  the Domestic Tariff Area, for carrying on the authorised operations by the
  
  Developer, in the Special Economic Zone;
  c.     
  
    monitor
  
  the utilisation of goods or services or warehousing or trading in the Special
  
  Economic Zone;
  d.    
  
    approve,
  
  modify or reject proposals for setting up Units for manufacturing or rendering
  
  services or warehousing or trading in the Special Economic Zone [other than the
  
  grant of licence under clause (e) of sub-section (2) of Section 9] in
  
  accordance with the provisions of sub-section (8) of Section 15 :
  Provided that where the Approval Committee is
  
  unable to decide whether a particular process constitutes manufacture or not it
  
  shall refer the same to the Board of Approval for decision;
  a.     
  
  
  b.     
  
  
  c.     
  
  
  d.     
  
  
  e.     
  
    allow,
  
  on receipt of approval under clause (c) of sub-section (2) of Section 9,
  
  foreign collaborations and foreign direct investments (including investments by
  
  a person outside India) for setting up a Unit;
  f.     
  
    monitor
  
  and supervise compliance of conditions subject to which the letter of approval
  
  or permission, if any, has been granted to the Developer or entrepreneur; and
  g.    
  
    perform
  
  such other functions as may be entrusted to it by the Central Government or the
  
  State Government concerned, as the case may be.
  2.     
  
    The
  
  Approval Committee shall not discharge such functions and exercise such powers
  
  referred to in sub-section (1) in relation to a Developer, being the Central
  
  Government, as may be specified, by notification, by the Central Government:
  Provided that till such time, the Approval
  
  Committee is constituted, the concerned Development Commissioner shall
  
  discharge all functions and exercise all powers of the Approval Committee.