Amendment status not verified — confirm the current text below against the official source.
(i; The Government shall esgbh a_gadcct committee for every market r ~ f market I mnmittee. area. It shall be the duty of the marL&mittee to enforce the provisions of this Act and the rules and bylaws made. u~der this Act in such market area. Markat committee to be a local authority.for ~umf-@f@ CeJRtral -Ads. - I of 1894md IX of 191 3.. Alteration of market area ,etc., (2) Eve@ market committee shall be a body corporate by sucb nnnle as the Government may specify, shall have perpectual succession and a cotlirnon seal, may sue and be sued in its corporate nalae, aad shall, subiect to such restrictions as are imposcd-bytor under tb!s Act, be eomptent 'to* aauire and hold property, both movable and immovable, shall, lease or otherwise transfer any nlovable or immovable property which pay bave,@co.ne vested in or been acquired by it and' to contract and to do all other things necessary for the purposes for which it is established: Provided that any land required for the purposes of this Act shall be acquired Central Act 1 under the provisions of the Lmd Acquistion Aot, 1894 as provided in sectio~l 28 dfi18aQ of this Act: Provided further that do immovable pr&erty shall be transferred by way of sale, lease or otherw~se by a market cohmit'tet? 'without the prior prr~iiission of the Govenunent. - , 1 1 . ...... '.-. \ ' ". . . . , * . (3) Where, after the establishment of a'market committee under sub-sactioil (I), any declaration is /made in ,respect of any other specified comnojitv under section 4 in relation to that market a m , then, the market committee shall be deemed to have.been established in. respect of that specified commodity also. . . , ,, * . * . : .: 9 , > r P I ) - I 6; Every market committee shall be deemed to be a local authority for the C,ntralAct purposes of the LM~ino 'Acqdisit ion' Act, 1894 and the Local Authorities Loans' Act, I of 1894.