Amendment status not verified — confirm the current text below against the official source.
Submission of annual account by licensed/registered functionaries and assessment of market fees. (1) Every trader processor, proprietor of a private yard, proprietor of consumer/farmer markets or commission agent, carrying on business of notified agricultural produce shall, before the 301b June every year submit to the Secretary a statement of transaction undertaken by or through him during the previous financial year ending on the 31 March, in the prescribed manner. (2) The Secretary shall accept or reject the statement submitted to him under sub-section (I) after necessary examination anti verification on the basis of information duly available in the Market Committee and shall assess the balance amount payable by the functionary and levy the assessed amount. (3) Any person aggrieved by the proceedings of the Secretary may, within thirty days from the date of communication of the notice to him, appeal to the Market Committee. (4) Any officer authorized by the State Government or the Board may. on his own motion or on application made to the State Government start process of re-verification of the statement, verified by the Secretary, within two years of the date of verification and for this purpose such officer shall exercise the powers under Section 89. (5) The re-verification made by the officer authorized by the State Government or the Board, shall be final. 54 The Nagaland Gazette, Part-V 15, May, 2020