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Section 92: Administrative approval for purchase of immovable property

Tamil Nadu Agricultural Produce Marketing (Regulation) Rules, 1991State Rules of Tamil Nadu · 1987

(1) No immovable property of the value mentioned in column (2) of the Table below shall be acquired or purchased by the market committee or Board, as the case may be, unless the prior approval of the authority mentioned in column (1) thereof is obtained.

THE TABLE Authority Value of property

(1) (2)

(i) Director If the value exceeds Rs.1,00,000 (Rupees one lakh only) but does not exceed Rs.5,00,000(rupees five lakhs only).

(ii) Government If the value exceeds Rs.5,00,000 (Rupees five Lakhs only)

(2) No work shall be commenced on the immovable property which has not been duly made over to the market committee or Board, as the case may be.

Where this provision sits

ActTamil Nadu Agricultural Produce Marketing (Regulation) Rules, 1991
Section92
Marginal noteAdministrative approval for purchase of immovable property
JurisdictionState of Tamil Nadu
StatusIn force as published by the source

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