Section 4: The price of forest produce sold or supplied to purchasers not to exceed market value

The Karnataka Supply of Forest Produce by Government (Revision of Agreements) Act, 1987State Act of Karnataka · Act 26 of 1989

(1) The price for sale or supply of the forest produce, to be fixed at the time of any revision of the price under section 3 shall not exceed the market value of the forest produce at the time of such revision, as may be determined by the State Government in the prescribed manner.

(2) Where the price is fixed at the time of revision for the period exceeding twelve months at a time, the State Government may provide for an annual increase in the price towards anticipated escalation in the market value of the forest produce during the period the revised price is to remain in force.

Where this provision sits

Act	The Karnataka Supply of Forest Produce by Government (Revision of Agreements) Act, 1987
Section	4
Marginal note	The price of forest produce sold or supplied to purchasers not to exceed market value
Jurisdiction	State of Karnataka
Status	In force as published by the source

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