Amendment status not verified — confirm the current text below against the official source.
Direct marketing (wholesale direct purchase from farmers outside the market yard, sub- market yard, private marketvard). (I) Collection/aggregation centres in the proximity of the production areas may be set up by a person with infrastructure, as maybe prescribed, with linkages to retail chain, or processing/ export unit premises, or any other such unit 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 sub-section( 1). direct wholesale purchase can also be carried out outside the principal market yard. sub-market yard. market sub-yard. private market yard by declaring the place of such purchase, without establishment of any permanent collection/ aggregation centra, 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 intrmation from the direct marketing licensee, and can also inspect and issue direction relating to functioning of the wholesale purchases and the activities incidental thereto. 18 The Nagaland Gazette, Part-V 15, May, 2020 (5) The direct marketing licensee shall be liable to pay one-fourth of the applicable market fee on wholesale purchases made. The licensee shall deposit the due amount towards 'Revolving Marketing Development Fund" maintained by MD for the month by the 106 day of the next month. The Fund will he utilized for the purposes and in the manner mutatis mutandis to Section 13 (5) 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 in force, the provision of stock limit shall not be applicable on such direct marketing licensee purchasing the agricultural produce for processing/export to the extent of his/its annual capacity of processing!export. However, in case any dispute arises between the provisions of this Act and Essential Commodities Act. 1955, the latter shall prevail. 15, May, 2020 The Nagaland Gazette, Part- V 19 CHAPTER-111: CONSTITUTION OF MARKET COMMITTEE