The Tamil Nadu Specified Commodities Markets (Regulation of Location) Act, 1996
tamil-nadu · 1996
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1Short title, extant and commencament
- S. 2iron aad Steel
- S. 3?( tlfiratro:l ol intention of d~:clahg a marlrat arm and rw~mmondaticm of Irml zutboriti
- S. 4Declaration of njarkct area
- S. 5(i; The Government shall esgbh a_gadcct committee for every market r ~ f market I mnmittee
- S. 6Iron scrap
- S. 7Altoration of may
- S. 8Every market committee shall consist of a Chairman, Vice-Chairman and of the following members, namely :- market com
- S. 9The Government can appoint a person with prescribed qualifications as Chairman, Vice Chairman, or member of a market committee.
- S. 10Section 10 mandates the government to publish the names of market committee members and chairpersons in the Tamil Nadu Official Gazette.
- S. 11Section 11 disqualifies individuals from market committee roles if they are minors, insolvent, convicted of moral offenses, in default, or employed by the committee.
- S. 12Section 12 outlines the term of office for the Chairman, Vice-Chairman, and members of a market committee in Tamil Nadu, allowing extensions and disqualifications for absences.
- S. 13(1) When a Special Officer is appointed under section 42 during his term t ! tticer
- S. 14Section 14 allows members of the market committee to resign by submitting a written resignation to the Chief Administrative Officer.
- S. 15Section 15 allows a Chairman or Vice-Chairman of a market committee to resign by submitting a written resignation to the Government.
- S. 16The section allows the government to remove a market committee chairman or vice-chairman for misconduct or neglect.
- S. 17Section 17 regulates the meetings, quorum, and procedure of the market committee as per bylaws.
- S. 18Section 18 mandates market committees to establish government-directed markets for wholesale trade of specified commodities.
- S. 19Section 19 allows market committees to establish special markets for specified commodities if efficient regulation is needed.
- S. 20Section 20 mandates market committee Chief Administrative Officers to register wholesale traders for specified commodities.
- S. 21(1) On and after the date specified by
- S. 22Section 22 mandates market committees to offer alternative trading facilities to registered wholesale traders and allows appeals to the local authority.
- S. 23Section 23 empowers market committees to manage market infrastructure, regulate trade, enforce regulations, and provide services.
- S. 24Section 24 empowers a market committee to levy fees for various market-related services and activities.
- S. 25Section 25 prohibits the market committee from transferring immovable property without government and local authority approval, but allows disposal of movable property under certain conditions.
- S. 26Section 26 mandates that only written contracts signed by specified officials bind the market committee.
- S. 27Section 27 mandates that land acquired under this Act must be used for public purposes as defined in the Land Acquisition Act, 1894.
- S. 28(1) Wheeie any land is required for the purposes of this Act, tile market bud
- S. 29Offlcers and servants of market commitiee
- S. 30Section 30 outlines the Chief Administrative Officer's role in executing market committee functions and financial responsibilities under the Act.
- S. 31Acts of market committee not to be inval dated by irreguiariky, kacallcy, etc
- S. 32(1) All moneys received by a market committee shall be paid into a fund a,,,,,,,,,,
- S. 33Section 33 authorizes the expenditure of funds from the Market Committee Fund for various purposes including market establishment, maintenance, and regulation of specified commodities.
- S. 34Power to borrow
- S. 35Budget
- S. 36Annuol audlt ,of account?
- S. 37A~-l\liculion 01 propcl'ty, luitds, etc
- S. 39Section 39 mandates market committee officials to provide information to local authorities and grants inquiry officers powers similar to a civil court.
- S. 40Where the Ioccll authority or any officer authorised by it hasreason to believe s,j,,,, ofawounk that thc books
- S. 41~ h c Government m
- S. 42(1) When a market committee is superseded under section 4 1
- S. 44Section 44 mandates a magistrate to deliver market committee records and properties to a Special Officer if possession is resisted.
- S. 46(1) he ~iovsrnmct~t may
- S. 66Section 66 allows market committees to make bylaws for market regulation, with local authority's approval if they fail to do so.
- S. 67Section 67 mandates rules and notifications under the Act to be published and placed before the Legislative Assembly for review.
- S. 1914- 8