Amendment status not verified — confirm the current text below against the official source.
(1) A market committee may, in respect of the market area and agricul- tural produce for which it is established, make bye-laws, not inconsistent with this Act and the rules made thereunder, for the regulation of business and the conditions of trading in the market area and for any other matters as may be prescribed : Provided that no such bye-law shall be valid until it is registered under this Act. (2) Any bye-law made under sub-section (1) may provide that any contra- vention thereof shall, on conviction, be punishable with fine which may extend to two hundred rupees. (3) A copy of every bye-law made under sub-section (1) shall be for- warded to the Director in the prescribed manner. (4) On receipt of the copy, the Director if satisfied that the bye-law so forwarded is not inconsistent with this Act and the rules made thereunder, may register the bye-law $ Provided that no order refusing to register a bye-law shall be passed without giving the market committee an opportunity of being heard. (5) Where the Director registers any bye-law of a market committee, he shall issue to it a copy thereof certified by him which shall be conclusive evidence of its registration. (6) Where the Director refuses to register any bye-law he shall commu- nicate the order of refusal, together with his reasons therefor, to the market com- mittee,