Amendment status not verified — confirm the current text below against the official source.
Inserted by Haryana Act 2 of 1989. No. 23 of 1961 The Punjab Agricultural Produce Markets Act, 1961 (8) The State Government shall exercise superintendence and control over the Board and its officers and may call for such information as it may deem necessary and, in the event of its being satisfied that the Board is not functioning properly or is abusing its powers or is guilty of corruption or mismanagement, it may suspend the Board and, till such time as a new Board is constituted, make such arrangements for the exercise of the functions of the Board as it may think fit: Provided that the Board shall be constituted within six months from the date of its suspension. (9) The Board shall exercise superintendence and control over the Committees. 1[(10) The State Government, the Deputy Commissioner, Sub-Divisional Officer (Civil)- (the Chairman, the Chief Administrator) or Secretary of the Board or any other officer of the Board authorised in this behalf by the Board, may call for any information or return relating to agricultural produce from a Committee or a godown-keeper or other functionaries and shall have the power to inspect the records and accounts of a Committee and stock and accounts of any godown-keeper or other functionaries for that purpose.] 2[(11) * * * * * *] 2[(12) * * * * * *] (13) Subject to rules made under this Act, an estimate of the annual income and expenditure of the Board for the ensuing year shall be prepared and passed by the Board and submitted every year for sanction of the State government not later than prescribed date. The State Government shall sanction and return the budget within two months from the date of the receipt thereof. If it is not received within two months, it shall be presumed to have been sanctioned. (14) Subject to rules made under this Act, the Board may, with the approval of the State Government, frame bye-laws for- (a) Regulating the transaction of business at its meetings : (b) the assignment of duties and powers of the Board to its Chair man, Secretary or persons employed by it; and (c) Such other matters as may be prescribed.