Amendment status not verified — confirm the current text below against the official source.
(1) After the expiry of the period specified in the notilication issued under Sub-section (1), and afler considering objections and suggestions, if any, received before the expiry of the specified period, and alter making such inquiry, as may be necessary, the State Government may by notification, declare the area specified in the notification, or any portion thereof to be a market area forthe purpose of this Act and that marketing of all or any of the kinds of Horticultural produce specilied in the notification shallbe developed and regulated in such market area in accordance wath the provisions ol this Act. The State Government may, by notification ; (a) Alterthe limits of a market area by including, within it any other area in the vicinity thereof orby excluding therefrom any area comprised therein ; or (b) Amalgamate two or more market areas and constitute one committee thereof ; or (c) Split up a market area and constitute two or more committees thereol I or (d) De-Establish a market. (2) Every notification issued under sub-section ('l) shall define lhe limits of the area to be included in or excluded from a market area, or of the market area to be amalgamated into one, or of the area ol each of the markets to be de-established. as the case may, be and shallalso specify the period which shall not be less than six weeks from the date ot publication ol the notification within which objeclions or suggestions, if any, may be received by the State Government. Any person likely to be affected by the notification rbjections issued under Sub-section (1) may, hmit his objections or suggestions in writing to 'ltate Government. Notification of intention to alter Limits of or to split up market area to De- stablish a market . l\ilarket yards, 21 Sub-l\,4arket Yards, farmer's Consumer and private [,4arket Yards. 80 (4) Objections and suggestions received under sub- section (3) within the stipulated period shall be considered and decided by the State Government and lhereafter the State Government may. by notification: (a) lnclude the area or any part thereof in the market area or exclude it therefrom : (b) Constitute a new Committee for the market area amalgamated ;or (c) Split up an existing market area and constitute two or more Committees for such areas, as the case may be : or (d) De-Establish a market. (5) Where a notification under sub-section (4) has been issued excluding such area in other market area, the State Government shall, after consulting the Board and the Committee concerned frame a scheme to determine what portion of the assets and other properties vested in one Committee shall vest in the Committees and in what manner the Iiabilities ol the Committees shall be apportioned between the two Committees and such scheme shall come into force on the date ol publication of the scheme in the Oflicial Gazette. (1) ln every market area, there may be- (l) Market yard managed by the Committee ; (ll) One or more than one sub-market yards managed by the Committee ; and (lll) Private market yards, private markets farmers and consumer markets managed by a person other than a Committee. (2) The Board may with the prior approval of' Government, by notification, declare an, place including any structure, encl, place, or locality in the market area yard or sub-market yards for th. area. 81