Amendment status not verified — confirm the current text below against the official source.
Sale-transaction of notified agricultural produce and livestock. (])All notified agricultural produce including livestock shall ordinarily be sold in the principal market yards. sub-market yards and market sub-yards licensed under this Act or not, private market yards or at the electronic trading platforms: Provided that the notified agricultural produce including livestock may be sold at other places also to licence holder especially permitted in this behalf under this Act. (2) In relation to agricultural produce, nothing in the sub-section (1) shall apply to the following sale and purchase where - (1) sale is made by the producer himself to any person for his domestic consumption in quantity up to the limits prescribed under the Rules; (ii):hrouJtt for We by head load; (iii) purchase and sale is made by a petty trader; (iv) purchase is made by an authorized fair price shop dealer from the Food Corporation of India, the State Commodities Trading Corporation" or any other agency or institution authorized bv the Central or/and State Government for distribution of essential commodities through the public distribution system; and (v) the transfer of such agricultural produce to a cooperative society for the purpose of securing an advance therefrom. (3) In relation to livestock, nothing in the sub-section (1) shall apply on the business of purchasing or selling of livestock not exceeding such value, as may be prescribed.