Amendment status not verified — confirm the current text below against the official source.
(1)- A market Committee may make bye-laws not inconsistent with this Act and the rules made thereunder, to provide for : (i) regulation of its business ; (ii) appointment, powers, duties and functions of the SubCommittee, if any, appointed under clause (vii) of section 17 ; (iii) duties of traders, brokers, commission agents, warehousemen, weighmen and palledars ; and (iv) any other matter which by or under this Act is required to be provided or by bye-laws ; 1 [Provided that no bye-law, other than a bye-law made by adopting draft or model bye-law suggested by the 2 [Board], shall be valid unless approved by the 2 [Board]. ]. (2)- If, in respect of any matter specified in sub-section (1), the Committee has failed to make any bye-laws or if the bye-laws made by the Committee are not, in the opinion of the 2 [Board], adequate, the 2 [Board] may make bye-laws providing for such matters to such extent as it thinks fit. 3 [(3)- The power under this section to make bye-laws shall be exercised subject to any general or special directions issued by the State Government in that behalf. ]