Amendment status not verified — confirm the current text below against the official source.
(1) A member holding office of Chairman or Vice- Chairman may resign his office at any time in and Vice-writing addressed to the Collector/ Director and the Chairman office shall become vacant on the expiry of fifteen days and vacancy in clear days from the date of such resignation. unless their office within the said period of fifteen days he withdraws the resiqnation in writing addressed to the Collector! Director. (2) Every Chairman and Vice-Chairman shall vacate office if he ceases to be a member of the Market Committee. (3) During the vacancy caused by death, resignation, removal or otherwise in the office of the Chairman, the Vice-Chairman and if the office of Vice Chairman is also vacant then notwithstanding anything contained in this Act, such member of the Market Committee as the Collector may appoint, shCl,,11 exercise the powers and perform the functions of the Chairman till the Chairman is duly elected.