Amendment status not verified — confirm the current text below against the official source.
(1) Subject to the provision specified in Sections 3 and 4, the State Government may, at any time by notification, exclude from any market area or include therein an additional area or may declare that the regulation of the marketing of any agricultural produce in any market area shall cease o that marketing of any agricultural produce (hither to not regulated) shall he regulated in such market area: Provided that no notification shall he issued under this section without giving in the gazette previous notice not less than 45 days as the State Government may consider reasonable of its intention to issue such notification. (2) Where a notification is issued under sub-section (1) excluding area from any market area and such excluded area is not declared to be a separate market area or a notification is issued under sub- section (1), including any area within the market area, the Market Committee constituted for such market area before the date of exclusion or inclusion shall, notwithstanding anything con-tamed in this Act, continue to be the market committee for the said market area until reconstitution of such Market Committee under this Act.. (3) When any area ceases to be market under subsection (1) the market committee constituted thereof shall cease to exist, and the property and rights vested in any such Market Committee shall subject to all charges and liabilities effecting the same, vest in the State Government. (4) Where any such area is included in two or more other market area the State Government shall, by order direct that such property rights, charges and liabilities shall vest in the Market Committees of such area in such manner and in such proportions as may be specified in such order. Amalgamation/Division of Market Committee