Amendment status not verified — confirm the current text below against the official source.
Meeting of the Market Committee. (I) Subject to the provisions of this Act. the Market Committee shall conduct its business as may be prescribed. (2) A Market Committees shall meet for the transaction of its business at least once in every month, provided that the Market Committee may in special circumstances meet at anytime and at any place in the market area as may be prescribed. (3) The Chairperson shall preside over the meeting of Market Committee and if lie is absent, one of the members present in the meeting may be chosen by the members present to act as the Chairperson. 42 Quorum and procedure at meeting. One-third of the total number of Members of Market Committee shall form a quorum for transacting the business at a meeting of the committee. The procedure of the meeting will he followed, as may be prescribed.