Amendment status not verified — confirm the current text below against the official source.
Subject to the provisions of section 20, the Fund shall be expended for the following purposes only, namely: - (i) the acquisition of site or sites for the market; (ii) the maintenance and improvement of the market; (iii) the construction and repair of buildings which are necessary for the purposes of such market and for the health, convemence and safety of the persons using it; (iv) the provision and maintenance of standard weight and measures; (v) the pay, pension, leave allowances, gratuities, compassionate allowances and contributions towards leave allowances, pension or provident fund of the officers and servants employed by the market committee: (vi) the payment of interest on loans that may be raised for purposes of the market and the provision of a sinking fund in respect of such loans; (vii) the collection and dissemination of information regarding all matters relating to statistics and marketing in respect of the notified agricultural produce; (viii) schemes for the extension or cultural improvement of the notified agricultural produce within the notified area, including the grant, subject to the approval of the Government, of financial aid to schemes for such extension or improvement within such area, undertaken by other bodies or individuals; (ix) schemes for grading of agricultural produce; (x) the expenses in regard to elections to the market committee and matters incidental thereto; (xi) the measures to be taken for the preservation of any agricultural produce; (xii) such other purposes as may be authorised by the Director or the Government in this behalf by general or special order. No trade allowance permissible except as prescribed by rules or bye-laws.