Bare ActsThe Tamil Nadu Specified Commodities Markets (Regulation of Location) Act, 1996

Section 41

~ h c Government m

Amendment status not verified — confirm the current text below against the official source.

~ h c Government m.ly," either on their own motion or on tne reconl- S,,-iOn of lne l&lion of thc local a~thoril\~, by ordcr, s 1 1 l ) c l ~ ~ d ~ Lhc markel commlltee, if In market commirka the opinion of the Government, it is not competent to perform or persistenlly makes default in performing the duties i~nposed on it by law or exceeds or abuses its power* or , f In their opinion the financial stability of the mark1:t committee is threatened : Provided that no such order shall be made by the Government without giving *arket committee an opportunity of being heard

Section 41 – The Tamil Nadu Specified Commodities Markets (Regulation of Location) Act, 1996 | DailyLaw.ai