Amendment status not verified — confirm the current text below against the official source.
1[Mandal Panchayats]1 as agents of market committees.- (1) Subject to such rules as may be prescribed, a market committee may with the consent of any 1[Mandal Panchayat]1 having jurisdiction within the market area, appoint such 1[Mandal Panchayat]1 as the agent of the market committee, for exercising such powers, performing such duties inclusive of any of the powers and duties relating to the sub-markets and the sub-market yards of the market committee in the area of such 1[Mandal Panchayat]1, subject to such conditions, including the condition that the powers and duties entrusted by way of agency shall be subject to the control and supervision of the market committee and of the officer or officers generally or specially empowered by the market committee in that behalf, as may be prescribed by the bye-laws. (2) The power entrusted to a 1[Mandal Panchayat]1 under sub-section (1) shall include the power to levy and collect market fees under section 65, and the goods in respect of which such fees are payable shall not be removed from the place of purchase unless the fees are paid to the 1[Mandal Panchayat]1. 111 (3) Such percentage not exceeding 2[fifty]2 percent of the market fees collected by a 1[Mandal Panchayat]1 as may be determined by the market committee taking into consideration the extent of powers and duties entrusted to the 1[Mandal Panchayat]1, shall be retained by the 1[Mandal Panchayat]1 and credited to the 1[Mandal Panchayat Fund]1, and the balance shall be paid to the market committee.