(1) The Government shall, in each local authority, constitute a town vending committee.
(2) Each town vending committee shall consist of-
(a) the Additional Deputy Commissioner or the Chief Executive Officer, Municipal Board as the case may be, who shall be the Chairperson; and
(b) such number of members as may be prescribed, to be nominated by the Government, representing the Government Departments, the Local Authority, the Planning Authority, Traffic Police, Local Police, Association of Street Vendors, Market Associations, Traders Associations, Local Dorbars, Nationalized Banks and such other interest as it deems proper:
Provided that the number of members nominated to represent the Street Vendors shall not be less than two out of which at least one third of such members shall be from amongst women vendors:
(3) The Chairperson and the members nominated under clause (b) of subsection (2) shall receive such allowances as may be prescribed by the Government.
(4) The town vending committee shall meet at such times and places within the jurisdiction of the local authority and shall observe such rules of procedure with regard to the transaction of business at its meetings, and in discharge of its functions, as may be prescribed.