Amendment status not verified — confirm the current text below against the official source.
(1) Subject to the supeiintendeqce, direction and control of tht: market comlliittee, all the executive functions of the market committee shall be exercised by the Chief Administrative Officer. (2) h h o V $ piejudjce to the provisions of sub-section (I), the mef Administrative Officer shall- (I) supervise the financial and executiVe administration of the market C O ~ ( @ and exercise such powers a d perform' mch dFti& an'd functions as day bb con erred or imposed upon him by tl is Act or the ruks niade thereunder; add rtrponslble fclr c o l l ' n 6f a11 suhs dLe to tfie market c ~ m m i t t ~ of all! sulhs paya61e 69 the darketi Comhiitte6 3 . H6 ict' efoii6' oi pro&di@' taked h d e r this A& by the market commiaw sb;all be invalidated merely on the ground- b;r &iy vacancj; or deidt in the constitution of the market committm ; (4 of any defect or irregularity in the appointment of a person acting a rneulwr thereof ; or - - - - - A - - d - a & m - -. -I7 - TAMIL NAD LJ GOVERNFAENT GAZETTE EXTRAORDINARY 131 -- I- -- --.--- (c) of :in7, defect or rrregularity in sucl~ act or proceeding nclr :$kcti? the nierits tl~c C:ISL'. CHAPTER V. MARKET COMMITTEE FUND AND FINANCE Markct