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Section 38: Market Fund, its custody and investment.

The Mumbai Metropolitan Region Specified Commodities Markets (Regulation of Location) Act, 1983State Act of Maharashtra · Act 42 of 1983

(1) All money received by a committee under this Act, including all sums realized by way of licence fees, fines, penalties paid to or levied under this Act (other than fines imposed by any Court), all proceeds of land or other property sold by committee, all rents or compensation accruing from land or property, all loans raised by a committee, and all grants, loans or contributions made by the State Government to a committee shall form part of a fund to be called "the Market Fund".

(2) The amount to the credit of the Market Funds shall be kept or invested in such manner as may be prescribed.

Where this provision sits

ActThe Mumbai Metropolitan Region Specified Commodities Markets (Regulation of Location) Act, 1983
Section38
Marginal noteMarket Fund, its custody and investment.
JurisdictionState of Maharashtra
StatusIn force as published by the source

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