Amendment status not verified — confirm the current text below against the official source.
Functions & powers of the Managing Director. (1) Subject to the provisions of this Act, Managing Director of the Board may exercise such powers and perform such ftinctions which would enable proper CXCCU1IOfl of the provisions of this Act. The State Government may delegate any or all the regulatory powers vested in it under this Act and Rules to the Managing Director. (2) in particular and without prejudice to the generality of the provisions of the Section 125, the functions of the Managing Director may include- (i) grant/renewal and suspension or cancellation of licence granted to the person for establishing and/or operating private market yard, farmer consumer market yard, private market sub-yard. electronic trading platform and direct marketing; (ii) grantJreneal and suspension or cancellation of unified single trading licence for the State; (iii) black listing the operation of inter-state trading licence within the State jurisdiction issued by another State; (iv) supervision on the Market Committees for effective execution of provisions of the Act and Rules made thereunder relating to transaction of agricultural produce including livestock taking place in the principal market yards. sub-marker yards and market sub- yards; (v) enforcement of regulation in the delineated market areas; (v) launch of prosecution for contravening the provision(s) of the Act and Rules made thereunder; (vii) suggestion to the Government/Administration for undertaking amendments to the Act and Rules for effective execution of the objectives of the Act: (viii) approval of the Bye-laws framed by the Market Committee under this Act and Rules; (ix) identi'ing person(s) or organization for conducting the audit of accounts of the Market Committee and Board. 66 The Nagaland Gazette, Part-V 15, May, 2020 (x) consenting the approval of the budget of the Market Committee: (xi) accord sanction to the creation of posts of officers and staff of the Market Committee: (xii) appointment and transfer of the personnel of the State Agricultural Marketing Services, if any, and act as the cadre controlling authority for them: (xiii) taking steps for timely and proper conduct of the elections olthe Market Committee and Board and activities connected thereto; (xiv) acceptance of resignation of the Chairperson of the Market Committee; (xv) to act as dispute resolution authority for the licensee of private market yard, farmer- consumer market yard. private market yard, sub-market yard. electronic platform and direct marketing and holder of single unified licence and inter-state trading licence; (xvi) to act as appellate authority from any person aggrieved by an order of the Market Committee; (xvii) approval of the resolution passed by Market Committee; (xviii) removal of Chairperson/Vice-Chairperson or member(s) of the Market Committee in the manner as may be prescribed: and (xix) to inspect or cause to be inspected accounts and offices of the Market Committee, if so required. (3 The Managing Director shall also have the following developmental funelions: (i) exercise supervision and control over officers and servants of the Board in matters of executive administration, concerning accounts and records and disposal of all questions relating to the service of the employees as per procedure prescribed; (ii) appoint officers and suuif of the Board as per direction and procedure prescribed by the Board: (iii) incur expenditure from the Marketing Development Fund on the sanctioned items of work; (iv) In case of emergency, direct the eXCCUiiOflS or stoppage of any work and doing ot an act which requires the sanction of the Board; (v') prepare annual budget of the Board; (vi) arrange for internal audit of the Board: (vii) arrange for the meetings of the Board and maintain records of the proceedings of the meetings of the Board as per procedure prescribed: (viii) take such steps as deemed necessary for execution of the decision of the Board; (ix) inspect the construction work undertaken by the Market Committees either from their own funds or loans and/or grants provided by the Board or any other agencies and take corrective measures; (x) report, such acts either of the Market Committees or of the Board which are contrary to the provisions laid down under this Act or Rules and Bye-laws made thereof. to the Government: (xi) take such steps as deemed necessary for effective discharge of the functions of the Board.