Amendment status not verified — confirm the current text below against the official source.
5. 1 Division of market into yards (1) In every market area, there may be- (a) one principal market yard managed by the market committee; (b) one or more than one sub-market yards managed by the market committee; (c) one or more than one private sub-market yards managed by a person other than the market committee; (d) one or more than one consumer farmer markets managed by a market committee or by a person other than the market committee; (2) The State Government may, by notification in the Official Gazette, declare any specified place including any structure, enclosure, open place or locality in the market area to be a market yard or, as the case may be, sub-market yard. 5-A. 1 Establishment of private sub-market yards The Director or any other authority empowered by the State Government in this behalf may grant licence to establish private sub-market yards in a market area for - (i) processing of agricultural produce; (ii) export of agricultural produce; (iii) trade of agricultural produce of particular specification; and (iv) grading, packing and transaction in other way by value addition of agricultural produce. 5-B. 1 Establishment of private consumer-farmer market (1) Private consumer farmer market may be established by developing infrastructure as prescribed, by any person in any market area. At such place, producer of agricultural produce himself may sell his produce directly to the consumer in the prescribed manner : Provided that the consumer shall not purchase more than such quantity of a commodity at a time in the consumer-farmer market as may be prescribed. (2) Market service charges shall be collected on sale of agricultural produce from the seller at such rate, not exceeding half percent of the worth of the agricultural produce, as may be prescribed by the State Government and shall be paid to the proprietor of the consumer-farmer market. (3) save as otherwise provided in this Act, no market fee shall be livable on the transaction undertaken in the consumer-farmer market. 5-C. 2 Grant, renewal or cancellation of Licence for establishment of private submarket yards or the consumer-farmer markets (1) Any person may apply to the Director or the authority empowered by the State Government .in this behalf for grant of Licence to establish a private sub-market yard under section 5-A, or a consumer-farmer market under section 5-B, or for renewal of Licence granted under this section, in such form and in such manner, as may be prescribed. (2) An application under sub-section (1) shall accompany with such Licence fees, as may be prescribed. (3) Application received under sub-section (1) may be accepted or rejected for the reasons recorded in writing by the director or, as the case may be, the authority empowered under sub-section (1): Provided that a Licence under this section shall not be granted or, as the case may be, renewed, where (i) The market committee dues are outstanding against the applicant; (ii) The applicant is a minor or is not bonafide; (iii) The applicant has been declared defaulter under this Act or the rules or byelaws made there under; and (iv) The applicant has been convicted for any offence and has been sentenced for imprisonment. (4) All the Licences granted or renewed under this section shall be subject to such terms and conditions, as may be prescribed and the Licensee shall be bound to follow terms and conditions of the Licence and the provisions of this Act or the rules or Bye-laws made there under. (5) The Director may, after such inquiry as he deems fit to make and after giving the Licensee a reasonable opportunity of being heard, cancel any Licence granted or renewed under this section, for the reasons recorded in writing.