Amendment status not verified — confirm the current text below against the official source.
Commencement of term of office.- (1) The term of office of the members of a market committee shall commence on the date immediately after the expiry of the term of office of the out-going members of the market committee 1[or on the date of first meeting convened under sub-section (2) of section 41 for election of Chairman and Vice-Chairman ]1 whichever is later. (2) When not less than two-thirds of the representatives of agriculturists, and not less than two-thirds of the total number of members of a market committee are available to function as members after a general election, the market committee shall, notwithstanding anything contained in this Act, be deemed to be duly constituted, and the market committee 64 so constituted shall be competent to exercise the powers and perform the functions of the market committee.