Section 5A: SME One-Stop Shop

5A. SME One-Stop Shop (1) There shall be set up within the Authority an office to be known as the SME One-Stop Shop and administered by the Managing Director. (2) The SME One-Stop Shop shall administer and manage such schemes with defined criteria as Government may approve. (3) The object of the SME One-Stop Shop shall be to facilitate the setting up and operation of an enterprise which has a project value not exceeding 20 million rupees and be a single authority which shall provide all the support and information, as well as the delivery of every permit or licence, that the enterprise requires to start, operate and grow its business. (4) Notwithstanding any other enactment, the SME One-Stop Shop shall, in order to facilitate the processing of applications for any registration, permit licence, authorisation or clearance required by an enterprise referred to in subsection (3)— (a) receive all applications from the enterprise for registration or any permit, licence, authorisation or clearance under any enactment and transmit each application to the relevant public sector agency; (b) ensure that each application is expeditiously processed by the relevant public sector agency; (c) where the application is or is to be granted— (i) collect any fee or charge payable under the relevant enactment and remit, as soon as practicable, the amount so collected to the relevant public sector agency; (ii) give notice to the enterprise, within 10 days from receipt of notification by the relevant public sector agency, that the application has been granted; and (iii) deliver the permit, licence, authorisation or clearance to the applicant. (5) (a) Where an application is not likely to be determined within the statutory time limit, the public sector agency shall, as soon as practicable but not later than 3 working days from the statutory time limit, inform the IPFTC, as well as the SME One-Stop Shop of the reasons for which the application cannot be determined. (b) On receipt of a notification under paragraph (a), the IPFTC shall examine the reasons and may make such recommendation to the relevant public sector agency as it may determine. S19 – 5 [Issue 9] Small and Medium Enterprises Development Authority Act (6) In this section— “IPFTC” means the Investment Projects Fast-Track Committee set up under section 18D (1) of the Investment Promotion Act. [S. 5A inserted by s. 46 (b) of Act 9 of 2015 w.e.f. 1 July 2015; s. 48 (a) of Act 18 of 2016 w.e.f. 7 September 2016.]