Amendment status not verified — confirm the current text below against the official source.
(1) In a State, there may be (a) principal market yard(s) managed by the Market Committee; (b) submarket yard(s) managed by the Market Committee; (c) market subyard(s) managed by the Market Committee; (d) private market yard(s) managed by a person, holding a licence under Section 10 ; (e) private market subyard(s) managed by a person, holding a licence under Section 12 ; (f) farmerconsumer market yard(s) managed by the Market Committee; (g) private farmerconsumer market yard(s) managed by a person, holding a licence under Section 11 ; (h) electronic trading platforms. (2) The State Government shall, as soon as possible after the issue of notification under Sections 4 and 5, by a notification, declare any place in the delineated market area as principal market yard or submarket yard or market subyard or farmerconsumer market yard, as the case may be, managed by a Market Committee, for the purpose of regulation of marketing of notified agricultural produce and livestock, expressly or impliedly in physical, electronic or other such mode, under this Act. Explanation: In this sub-section (2), the expression place shall include any structure, enclosure, open space locality, street including warehouse, silos, pack house, cleaning, grading and packaging and processing unit vested in the Market Committee of the delineated market area. (3) The State Government may, by notification, declare a place, licenced under Section 73, to be private market yard, private market subyard, private farmerconsumer market yard, as the case may be, for marketing of notified agricultural produce and livestock, expressly or impliedly in physical, electronic or other such mode, under this Act. Explanation: In this subsection (3), the expression place shall include any structure, enclosure, open space locality, street including warehouse, silos, pack house, cleaning grading and packaging and processing unit vested in the person licenced for the purpose under this Act.