Amendment status not verified — confirm the current text below against the official source.
Subject to the provisions of section 32, the amount standing to the P&yM$& credit of the Market Committee Fund] may be expended for all or any of the %folio wing purposes, namely :- (a) acquisition or requisitioning of any site or building or purchase of other assets for the market committee for carrying out the purposes for which lt 3s established ; (b) establishment, maintenance and improve:inent of the markets and providing such facilities in the market as the Government may direct under section 18 ; ecessary for the pur- fety of the persons (d) provision and maintenance of standard weights and measures ; (e) paymt:nt of amount: to the Government under sub-section (4) ot section 29 ; ( f ) payment 01 amount under sub-section (6) of section 42 ; (g) payment of interest on loans that may be raised by the market committee for c~rrying out the plLrposes for which it is established and thc provision of a sinking fund in respect of such loans ; (hj coIIectiotl and dissenlination of informstion regarding all matters relating to s t ~ t i ~ t i ~ j .i.r:t w:i~l:inle tr:iding in ;erpsct of ths spzcified commodities : t' i p:i;r I.: : J.I\WSI>C~: p r e ~ i u m on th- i nr>:anc; p;ljcq J I I O ~ b hel,i -1- - A ' 5 :, . 2 I - g d , .'.?: -22 '-r?;z?:i;n j'.-dj 1 1 ?-:%.:j t~irn,;t A::, th?f:, fr,,d *.: : - e , - , 1 . I . . . - - J , . ,..< ,: :,q3 ,ni;k,::. ,;,.;, ,,:+;; ,,r .. J.',, ' , a ! ' > , ,;. ',j<./ ') , * ,, ,, ',, , ' I , 1 , , ,, , , , , . , 1-r. I 1 I I . 4 , 5 I TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY 133 > L -- : ~ 1 ! call for and examine the proceedings of the market committee; and (e) exzlcise such other pawars as may be prescribed. (2) The Iocal atdhority may issue si~ch directions as may be necessary to the market colnmittee for carrying ~ u t thc purposes of this Act and if the market committee fails to c~in?ly with such diiections, thz local autharity or any officer autlzarisxI by it nlly dicect thc Cilicf Administrative Officzr to comply with such directions rind the Chief Administrative Officer shall forthwith comply with such I directions. I