Amendment status not verified — confirm the current text below against the official source.
(1) Subject to the provisions of this Act and the rules made there under, a Market Committee may, in the respect of a marketing area under its management, make Bye-laws for- (i) the regulation of business of the Market Committee; (ii) the condition of trading in a market; (iii) delegation of powers, duties and functions to the officers and servants; appointment; pay, punishment, pensions, gratuities, leave, leave allowances; contributions by them to any provident fund which may be established for the benefit of such officers and servants and other conditions of service; (iv) the delegation of powers, duties and functions to a Sub-committee, if any; (v) market functionaries who shall be required to take license; (vi) enabling and regulating e-trading; (vii) any other matters for which Bye-laws are to be made under this Act or it may be necessary to frame Bye-laws for effectively implementing the provisions of this Act and the rules made there under in the market area. Repeal saving and Power to remove difficulty (3) In making any bye-laws the Market Committee may direct that a breach thereof shall be punishable with fine which may extend to one hundred rupees and where the breach is a continuing one with further fine which may extend to ten rupees for everyday after first during which the breach is provided to have been persisted in. CHAPTER XIV Repeal and Savings