Amendment status not verified — confirm the current text below against the official source.
( 1 ) The price or rate for sale or supply of the forest-produce, to be fixed at the time of any revision of the price or rate under Section 3, shall not exceed the market value of the forest-produce at the time of such revision, as may be determined by the State Government in the prescribed manner. ( 2 ) Where the price or rate is fixed, at the time of revision, for a period exceeding twelve months at a time, the State Government may provide for an annual increase in the price or rate towards the anticipated escalation in the market value of the forest-produce during the period the revised price or rate is to remain in force.