Amendment status not verified — confirm the current text below against the official source.
(1) Subject to any rules made under this Act, and with the previous ye-L~WS. sanction of the State Government, a Market Committee may, in respect of the market area for which it is constituted or any market established therein, make bye-laws for determining the quantity of agricultural produce which may be provided for retail sale, for the regulation of the business (including meeting, quorum and procedure) of the Market Committee, and the conditions of trading in the market area, including the rates and manner of collection or refund of market fees or any other fees levied under this Act. (2) Where a Market Committee fails to make bye-laws under this section within six months from the date on which this Act comes into force or the date of its constitution, whichever is later, the State Government may make such bye-laws as it may think fit and the bye-laws so made shall remain in operation in relation to that Market Committee. (3) Any bye-law made under the provisions of this Act may provide that any contraventhn thereof shall, on conviction, be punished with fine which may extend to one hundred rupees.