Amendment status not verified — confirm the current text below against the official source.
Ite-nodllcation of a deltneated meltet aI.ea and lts consequenea -(1) Where a oouncation is issued under section 5 of the Act de-nodMnS a dellneated market area, the market committee constituted therefore shall cease to exi$, and the property and righB vested in any such market committee shall subiect to all charges and liabllities affecting the same. v.st in such neighbouring market commiBees as the State Government may, by order, specify. THE ASSAM GAZET'TE, EXTRAORDIN ARY, JULY 15,2022 6369 10, (2) where any rucrr area ts rncludcd rn two or more other derlncated market areas, tfie StaE Govemment shall, after consuldng the mark* comml&es correrned, by order, direct ttat such propeny, ,ight , "lr."go and lfabfiEes of the de- nodffed market committee shan vest in the market committ€es of such other dellneaEd market areas ln suct manner and ln such proportlons, as may be speciffed in such order. Amaltamador of market cornmrttees, - where the state Gove'rment is satisfled that two or more market committees thetern shourd be amargamated, then the state Government may, after consutdng the market committees @nceflied provide for the amalgamadon of such market commtttees lnto a singre market comrnittee for the delineated market area, wlth such constitution, p-p".ry rights, lnterest and authodties and such rrebirities, dudes and obffgations as may oe specified rn the notificatiorL CHAPTER.IV Regulatcd narftcts Bstablbhrrcnt of 'gulat€d E8r*e.". - (1) As soon as may be after the rssue of tl,e nodficauon under secdon 4 of trre Acq the Director of Agrrarrtural Markedng shar, after s.dsrytng himself that the market committee ha-s made arrangements for regulating the marketing of notified agrlfiltural produce ln the delineated market arca, by a notlffcadon, dedare a date not less than thirty days from the date of rssue of the nodffcatlon as the date on which the reguratei market for rhat defineated market arta shall bc established. (2) For all purposes of this Act, the regulated market shall be deemed to have been cstablrshsd br the derneated market area witr effect from ttre date so nodfled. xt, CHA"PTER-III Classlfl cadon of markets 1L Crassrf,cadon of marrrets rn a dcrtneated Ear*et area. - In every delineated market area, there may be, - (1) Prrnclpal Market yards managed by Market Committee, (2) Sub market yards managed by Market Committee, (3) Private market yards managed bya person holdlng a valid license, (4) Prirrate sub-market yards managed by person holdlng a vatld license, (5) Farmer-consumer markets managed by Market Committee, (6) PrivateFarmer-consumermarkets, (7, Electronlc trading platforms, (8) One or more special markets, (9) One or more locat martet. 6370 THE ASSAM G AZETTE, EXTRAORDD{ARI IULY t5, 2022