Amendment status not verified — confirm the current text below against the official source.
Execution of contract :– (1) Every contract entered into by a Market Committee shall be in writing and shall be executed on behalf of the Market Committee by its Chairman, and two other members of the Committee. (2) No contract other than a contract executed as provided in Sub-section (1) shall be binding on Market Committee. 2[11. Levy of fees :– It shall be competent for a Market Committee to levy and collect such fees (hereinafter referred to as the market fees) not being less than one rupee from every purchaser for every hundred rupees worth of agricultural produce marketed in the market area in such manner as may be prescribed and at such rate as may be specified in the bye-laws : Provided that the rate of fees to be specified in the bye-laws shall not exceed three per cent of the value of agricultural produce sold in the markets within the market area Provided further that no such fees shall be levied and collected in the same market area in relation to any agricultural produce in respect of which fees under this section have already been levied and collected therein. Explanation :– For the purpose of this section all notified agricultural produce leaving a market yard shall unless the contrary is proved, be presumed to have ben brought within such yard by the person in possession of such produce. 3[12. Power of search, seizure and inspection etc.:– (1) The Chairman, Secretary or any other officer or servant of the Market Committee duly authorised by it in this behalf may, for the purposes of this Act, require any person carrying on business in any kind of notified agricultural produce to produce before him the accounts and other documents and to furnish any information, relating to the stocks of such agricultural produce or purchase, sale and delivery of such agricultural produce by such person and also any other information relating to payment of market lees by such person. (2) All accounts and registers maintained by any person in the ordinary course of business in respect of any notified agricultural produce and documents relating to stock of such agricultural produce or purchase, sale and delivery of such produce in his possession and the office establishment, godown, vessels or vehicles of such person shall be open to inspection at all reasonable times to the officers or servants referred to in - Sub-section (1) duly authorised by the Market Committee in this behalf. (3) If any officer or servant of the Market Committee authorised under Sub- section (2) has reason to suspect that any person is attempting to evade payment of any