(1) Any person desirous of establishing an e-trading platform under section 49 (1) shall apply to the Director or the Officer authorized by him in such form and manner along with such fee and secorurity/ bank guarantee and fulfilling such conditions, as may be prescribed.
(2) The application received under sub-section ( 1) for grant or renewal of licence may be accepted or rejected for reasons to be\recorded in writing by the Licensing Authority :
The Arunachal PradeshExtraordinary Gazette, May 5, 2018 17
51.
Provided that the application received under this section shall be liable to be 'rejected on the condition(s). mutatis mutentiis to condition(s) laid down for private market yard under section 68. ·
(3) Thee-trading platform managed and operated by a person or State Government or its agencies, as the case may be, shall provide all infrastructures and services connected toe-trading, as may be prescribed.
(4) The licensee or its management committee, may collect user charge on sale transaction of notified agricultural produce including livestock on the e-trading platform:
Provided that no user charge shall be collected from agriculturist-seller.
Provided further that the State Government in public interest may from time to time, by notification, put ceiling on the rate of collection of user charge.
(5) Thee-trading platform licensee shall contribute, of such user charge collection, to the separate "Revolving Marketing Development Fund" maintained by the Director at the rate in percentage at par with APLMC. The Fund will be utilized for the purposes and in the manner mutatis mutandis to section 10 (5) of this Act.
A licence holder under section 63 (1) for market sub- yard if desirous to link to e-platform of Government of India, may apply, through concerned State Government, or its agencies, to the Department of Agriculture, Cooperation & Farmers' Welfare, in the form and manner, as may be prescribed.
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52. A licensee of private market yard, if desirous of integrating with e-trading portal, may apply through the State Government or its agencies tothe Central Government, as may be prescribed.
Integration of warehouses/ silos/ cold storages or other such structure or space;
declared as market sub-yard to e-platform.
Integration of private market.
53. In order to evolve a unified National Agricultural Market and integrate various e-platforms, Interoperability the applications in the e-platform(s) should be interoperable as per specifications ofe-trading ,. and standards laid down by the Director or the Authority designated therefor. platforms.
54. Notwithstanding anything contained in this Act, payment of notified agricultural produce including livestock traded on electronic platform shall be made on the same day of the sale transaction to the seller or in the maximum next day, if procedurally so required. In procedural exigencies on electronic trading, the payment to the seller may be made as may prescribed in Rules and Bye-laws.
(2) The licensee or APLMC, as the case may be, shall maintain accounts of all the transactions taken place on electronic platform and submit such periodical reports and returns to the Managing Director or the authorized Officer, at such time and in such forms, as may be specified by the competent authority,
(1) Payment to the sellers and maintenance of accounts.
from time to time.
55. The Director may, for the reasons to be recorded, specifying the breach of any Suspension or provision of AcURules/Bye-laws, instructions, orders, suspend or cancel the licence, Cancellation granted under section 50, by passing a speaking order: of licence of electronic
Provided that no order for suspension or cancellation of licence shall be passed trading without giving a reasonable opportunity of being heard. platform.
56. Any dispute arising between/among licensees of e- trading platforms, or between I among the licensees and APLMC/State agencies, shall be resolved by the Director or the Officer authorized by him, in summary manner within thirty days, after giving the parties reasonable opportunity of being heard.
Dispute settlement-
(i) between/ among licensees under section · 50(1); and (ii) between/ among licensee and APLMC.
18 Dispute 57.
settlement with regard to intra-State tradetransaction.
Dispute 58.
settlement with regard to Inter-State trade transaction.
Sale-transac tion of notified · agricultural produce and livestock.
Terms and procedure of buying and .
selling.
The Arunachal Pradesh Extraordinary Gazette, May 5, 2018 In case of any dispute with regard to intra-State transaction one-platform, the redressal thereof shall be done at the level of management committee of the licensee or the Market Committee, as the case may be, through an administrative process, or through the process of conciliation and arbitration, or otherwise within seven working days; while in case of perishables it shall be within three working days. The management committee or Market Committee, as the case may be, shall dispose of the matter by issuing speaking order.
In case of any dispute arising out of inter-State trade transaction on e-platform or any other such platform, the Government can subscribe to become part of such Authority, which may be constituted by the Union Government or State Government under the existing law or any law for the time being in force to be framed therefor.
CHAPTER-VII REGULATION OF TRADING