Amendment status not verified — confirm the current text below against the official source.
. (1) Collection or aggregation centres in the proximity of the production areas may be setup by a person with infrastructure, as may be prescribed, with linkages to retail chain, or processing, export unit or premises, or any other such unit or premises, as may be prescribed, in accordance with the provisions of this Act and Rules made thereunder for marketing of notified agricultural produce. (2) Notwithstanding anything contained under subsection (1), direct wholesale purchase can also be carried out outside the principal market yard, submarket yard, market subyard, private market yard by declaring the place of such purchase, without establishment of any permanent collection or aggregation centre, as may be prescribed. (3) Direct marketing licensee shall have to maintain records and all accounts relating to daily trade transactions and shall submit monthly report, as may be prescribed, to the Licensing Authority. (4) The Licensing Authority can seek any type of additional information from the direct marketing licensee; and can also inspect and issue direction relating to functioning of such whole sale purchases and the activities incidental thereto. (5) The direct marketing licensee shall be liable to pay onefourth of the applicable market fee on whole sale purchases made. The licensee shall deposit the due amount towards Revolving Marketing Development Fund maintained by the Director for the month by seventh day of the next month. The Fund will be utilized for the purposes and in the manner mutatis mutandis to subsection (5) of Section 10 of this Act. (6) Notwithstanding anything contained in the Essential Commodities Act, 1955 and Control Orders issued thereunder or any other law for the time being inforce, the provision of stock limit shall not be applicable on such direct marketing licensee purchasing the agricultural produce for processing or export to the extent of his or its annual capacity of processing or export. However, in case any dispute arises between the provisions of this Act and Essential Commodities Act, 1955, the latter shall prevail.