Amendment status not verified — confirm the current text below against the official source.
(I) Any person who desire to operate in the market shall apply· to the Market Committee for the grant of a licence or renewal of a licence under this Act. (2) Every such application shall be accompanied by such fee as may be prescribed. (3) On receipt of application under sub-sections (I) and (2) the Market Committee shall grant a licence with such terms and conditions and for such period as may be prescribed or renew the licence in case of renewal or refuse to grant or renew after recording of its reason : Provided that if the Market Committee fails to grant or renew a licence within a period of six), days from the date of receipt of application, the licence shall be deemed to have been granted or renewed, as the case may be. (4) The Market Committee may, by a resolution, pass in that behalf and with the prior approval of the Director or the Board, direct that no commission agent or a broker or both shall act in any transaction between the producer-seller and trader-purchaser, on behalf of a producer-seller or shall he deduct any amount towards commission or deduct from the sale proceeds payable to the producer-seller nor shall be act on behalf of both the buyer and the seller: Provided that the resolution so passed shall not be revoked by the Market Committee until a period of one year has expired from the date of its passing. Establishment of c-// consumer/farmer [35.A (1) Consumer/Farmer market may be established by market (direct sale by the producer. developing infrastructure as prescribed, by any person in any market area. At such place, producer of agricultural produce himself may, as prescribed, sell his produce directly to the consumer. (2) Market service charge shall be collected on sale of agriculture produce by the seller and will be remitted to the proprietor of the consumer market. {3} Save as otherwise provided in this Act non market fee shall be liveable on the transactions undertaken in the consumer/farmers market. (4) Licence {or establishment of consumer/farmer market shall be granted by the State Government/ Director/Managing Director.] *[Inserted by 2006 (Amd) Act (Act no 6 of 2006.s.3.] Power to cancel or sus end licence.