Amendment status not verified — confirm the current text below against the official source.
Recognition of unified single trading license granted/ renewed under Section 76 for inter-state trade. (1) Notwithstanding anything contained in this Act, the State may allow holder of unified single trading licence hearing Unicode. issued by any other State/UT to undertake trade transaction within its geographical jurisdiction on c-platform or any other format including physical that may be in operation, as trader, as may be prescribed in Rules/Bye-laws under this Act. (2) Such licensee shall he liable to pay the market fee and other marketing charges at the rate applicable in the State, where trade transaction has taken place. in the manner as may be prescribed. (3) In case of contravention of any of the provisions of this Act/Rules/Bye-laws or instructions ororders, the Managing Director/Market Committee shall, after giving an opportunity to be heard. blacklist such licensee for trading purpose only within their respective jurisdiction, when a contravention has occurred, for ascertain period or forever based on the gravity of breach/ violation of provisions of this Act! Rules/ Bye-laws or instructions or orders. Explanation: The expression blacklisting for a certain period' means to be deemed to be suspended for such a period in the jurisdiction as under sub-section (3), while 'forever' means deemed to have been cancelled in the jurisdiction as under sub-section (3). (4) The Managing DirectoriMarket Committee of the respective jurisdiction, wherein the contravention occurs, may simultaneously submit proposal detailing the type and nature of contravention with evidence, to the concerned licence issuing State Authority for taking further appropriate action against the contravener. 15, May, 2020 The Nagaland Gazette, Part- V 49 79, Grant/Renewal of licence for private market yard, farmer-consumer market yard and market sub-yard. (1) Any person who. under Section 13, desires to establish private market yard, or under Section 14 desires to establish farmer-consumer market yard, or under Section 15 is desirous of such a place being declared as market sub-yard, shall apply to the Managing Director or the Officer authorized by him for grant or renewal o1 licence, as the case may be, in such form and in such manner. and also for such period but not less than three years, as may be prescribed. (2) An application for grant or renewal of licence, as the case may be, for private market yard or farmer-consumer market yard or market sub-yard under Section 79 (1), shall be accompanied with such reasonable licence fee and security/bank guarantee. as may be prescribed. (3) An application received under sub-section (1) for grantor renewal of licence may be accepted or rejected for the reasons recorded in writing by the Licensing Authority: Provided that the application received under this Section shall be liable to be rejected on the condition(s): (i) that., the applicant is a minor or not bona tide: (ii) that, the applicant has been declared defaulter under the Act and Rules and Bye-laws made there under: (iii) that, any dues relating to Market Committee and/or Board and/or Department/ Directorate of agricultural marketing are outstanding against the applicant; (iv) that, the concerned authority is satisfied that the applicant does not possess the infrastructure credentials. experience or adequate capital for investment or any other requirements as may be prescribed for establishment of a private market yard or farmer-consumer market yard; and/or (v) for any other reasotm as may be prescribed. (4) The Jicene granted or renewed under this scct.ion shall be subject to such terms and conditions, as may he prescribed: and the licensee shall be bound to follow the terms and conditions of the licence as prescribed. The licensee shall also follow the provisions of thisAct and Rules made thereunder.