Amendment status not verified — confirm the current text below against the official source.
of (s) "Comtract Farnning" rneaRs farming by a person called "Contract Farming Producer" under a written agreement with another person called "Contract Farming Sponsor" to the effect that his firm produce shall be purchased as specified in the agreement. Explanation :- 'Contract Farming producer,, means individual agriculturist or association of agriculturists whatever narne called registered under any Gw for the time being in-force, In North-Eastern States where the ownership of control over the agricultural land lies with Village panchayat or similar body legally recognized, such body will be tieated as "Contract Farming producer". (t). "Contract Farming Agreement,, means the agreement made for contract farming between contract hrming sponsor & contract farming producer. ' In the PrincipalAct, in Section 3 (i) For Sub-Section (1) the following shall be substituted, namely;- " (1) upon a representation made by any person, local authority or by any growers of any agricultural pioduce within the area for which a market is proposed to be established or other wise the State Govt. may by notification declare its intention of developing' and regulating the marketing of such agricultural prnOri. una such area as may be specified in the notification,,. (ii) In Sub-section (2) the words .. sixty days.. shall be substituted by the words " thirty days,, . (i) In the Principal Act, after clause (b) of sub-section (2) of section 4, the following clauses shall be inseded, namely;_ ( c) to amalgamate two or more market areas and constitute one market committee thereof, (d) to split uo a market uruu unO to constitute two or more market committee thereof. (e) to de-establish a market. (ii) Sub-section (3) of Section 4 shail be deleted. In the Frincipal Act, in Section 5 I (i) For Sub-section(1) the follgwing shafl be substituted, namely;-