Amendment status not verified — confirm the current text below against the official source.
(1) A Committee shall enforce the provisions of this Act, the rules and bye-laws made thereunder in the Market Area, provide such facilities for sale and purchase of specified agricultural produce therein, 1 [as may be specified in any directions given by the Board to the Committee from time to time ] 1 or considered necessary by the Committee and do such other acts as may be necessary for regulating sale and purchase of specified agricultural produce in that Market Area, and for that purpose may exercise such powers and perform such duties, and is charge such functions as may be provided by or under this Act. (2) Without prejudice to the generality of the provisions contained in sub-section (1) a Committee shall - (i) ensure fair dealings between the producers and persons engaged in the sale or purchase of specified agricultural produce ; (ii) ensure prompt payment to 2 [sellers] in respect of specified agricultural produce sold by them in the Principal Market Yard or SubMarket Yards ; (iii) grade and standardize specified agricultural produce ; (iv) check and verify weights, measures, weighing and measuring instruments used in the Market Area and report infringement of the provisions of the U. P. Weights and Measures (Enforcement) Act, 1959, to the authorities concerned ; (v) collect and disseminate all such information as may be of advantage to the producers and other persons engaged in the sale or purchase of specified agricultural produce and in particular keep itself informed of the prevailing prices of such agricultural produce at places where it can be profitably exported and from where it can be economically imported in the Market Area ; (vi) Standardize and regulate trade charges, market practices and customary methods of sale and purchase of specified agricultural produce ; (vii) provide suitable amenities in the Principal Market Yard and Sub-Market Yards to the producers and persons engaged in transactions of sale or purchase therein, and in particular to construct, repair and maintain roads, pathways, market lanes and bye-lanes, shops, shelters, parking places, accommodation for storage, and such other amenities and facilities as may be prescribed in this behalf ; 3 [(vii-a) provide suitable facilities, for the proper development of hats and painths in the market area and to the persons engaged in transactions of sale and purchase therein ; (vii-b) construct, repair and maintain link roads, path ways, market lanes and bye-lanes in the market area ;] 4 [(vii-c) Mandi Samiti will construct, repair and maintain kisan Bazar in its Mandi area for sale of agricultural produce by the farmers directly to consumers, exhibition of art by folk artists; exhibition and sale of items made by handicraft and handloom artisans, sale of other products by different sellers, installment of shops selling the food or refreshment items or daily use items for farmers and consumers, setting up Kisan Rest House and Community Centre, and related activities.] (viii) act as mediator or arbitrator in all matters of differences and disputed between the licensees inter se or between them and persons entering into transactions of sale or purchase of specified agricultural produce in the Principal Market Yard or Sub-Market Yards; (ix) maintain proper accounts and get the same regularly audited in such manner as may be prescribed ; (x) prepare the annual budget, wherein shall be shown the estimates of all advances, loans and grants for and the expenses to be incurred in the ensuing year, sand wherein provision shall be made 5 [for the payment of interest on or repayment of, loans raised by it from or advances made to it by, the State Government, the Board or any financial institution including a Co-operative Bank recognized as such by the State Government by general or special or special order (hereinafter referred to as a recognized financial institution) and submit the same for approval to the Board ;] (xi) prepare plans and estimates for works proposed to be undertaken by it in the Principal Market Yard and Sub-Market Yards and for that purpose take necessary steps for the acquisition of land under the Land Acquisition Act, 1894 ; (xii) prosecute or defend any suit, action or proceedings in connection with its affairs, or for contravention of any of the provisions of this Act ; (xiii) provide for safe custody and maintenance of its seal, account books and all other records ; (xiv) control and regulate admission to and use of the Principal Market Yard and Sub-Market Yards ; and (xv) perform such other functions and duties as may be prescribed.