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Section 29: Market Committee Fund

The Tamil Nadu Agricultural Produce Marketing Regulation Act, 1987State Act of Tamil Nadu · Act 27 of 1987

(1) All moneys received by a market committee shall be paid into a fund to be called the “Market Committee Fund”. All expenditure incurred by the market committee under, or for the purposes of this Act shall be defrayed out of the said fund; and any surplus remaining after such expenditure has been met shall be invested in such manner as may be prescribed.

(2) (a) Every market committee shall, in addition to the amounts payable under sub-section (3) of Section 22, out of the Market Committee Fund, pay to the Government the cost of any special or additional staff employed by the Government in consultation with the market committee for giving effect to the provisions of this Act in the notified area.

(b) the Government shall determine the cost of special or additional staff and shall, where the staff is employed for the purpose of more than one market committee, apportion such cost among the market committees concerned in such manner as they think fit. The decision of the Government determining the amount payable by any market committee shall be final.

Where this provision sits

ActThe Tamil Nadu Agricultural Produce Marketing Regulation Act, 1987
Section29
Marginal noteMarket Committee Fund
JurisdictionState of Tamil Nadu
StatusIn force as published by the source

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