Amendment status not verified — confirm the current text below against the official source.
(I) Subject to the provision of sections 3 and4, the Government may divide a market area into two or more separate market areas. (2) When during the term of a Market Committee the market area for which it is established is divided into two or more separate market areas, the following consequences shall be ensured: (a) the Market Committee constituted for the market area under this Act shall be deemed to have been dissolved and the Government shall constitute separate Market Committee under section13 for each of the separate market areas subject to such conditions as may be prescribed; (b) the term of office of the newly constituted committees shall be the same as is applicable to the fist Market Committee under sub- section (1) of section 13 Amalgamation and division of Market Committee. Division of market a rec into two or rnon separate market areas. (c) the assets, rights and legalities of the dissolved Market Committee shall be distributed by the Government between the new market Committees in such manner as may be prescribed ; (d) any appointment, notification, notice, fee, order, scheme, licence, permission, bye law or form made, issued or imposed by the Market Committee so dissolved. in respect of any part of the area subject to the authority of the new Market Committed shall be deemed to have been made, issued or imposed by such Market Committee concerned unless and until it is superseded by any notification, notice, fee, order, scheme, licence, permission, rule, bye-laws, or form made, issued or imposed by it. (3) If any difficulty arises in giving effect the provisions of this section, the Government may,by order published in the Official Gazette, as the occasion may require, do anything which appears to it to be necessary to remove such difficulty-