( 1 ) All moneys received by a market committee shall be paid into a fund a,,,,,,,,,,.
to be calleil the "Market Cornmitt.: Fund". All expenditure incurred by the market Fund.
committee under, or f.>r the purposes of, tilis 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 rnay be pres:iibed.
(2) (a) Every market committee shall, in addition to the amounts payable under sub-section (4) of section 29, out of the Market Cornn~ittee Fund pay to the Government tlie cost of any special or additional staff employed by the Government in consultation with the markel coqmittee for giving effect to the provisions of this Act in the market area.
(b) The Government shall determine the cost of special or additional staff and shall, where the staff is employed for the purpsses 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, 1 2 1 1
(3) A11 amount received to the credit of the Market Committee Fund shall .be kept or invested in such manner as may be prescribed.
33. Subject to the provisions of section 32, the amount standing to the P&yM$& credit of the Market Committee Fund] may be expended for all or any of the %folio wing purposes, namely :-
(a) acquisition or requisitioning of any site or building or purchase of other assets for the market committee for carrying out the purposes for which lt 3s established ;
(b) establishment, maintenance and improve:inent of the markets and providing such facilities in the market as the Government may direct under section 18 ;
ecessary for the purfety of the persons
(d) provision and maintenance of standard weights and measures ;
(e) paymt:nt of amount: to the Government under sub-section (4) ot section 29 ;
( f ) payment 01 amount under sub-section (6) of section 42 ;
(g) payment of interest on loans that may be raised by the market committee for c~rrying out the plLrposes for which it is established and thc provision of a sinking fund in respect of such loans ;
(hj coIIectiotl and dissenlination of informstion regarding all matters relating to s t ~ t i ~ t i ~ j .i.r:t w:i~l:inle tr:iding i n ;erpsct of th s spzcified commodities :
t' i p : i ; r I . : : J . I \ W S I > C ~ : p r e ~ i u m on t h - i nr>:anc; p;ljcq J I I O ~ b hel,i -1- - A ' 5 :, . 2 I - g d , .'.?: -22 '-r?;z?:i;n j'.-dj 1 1 ?-:%.:j t~irn,;t A::, th?f:, fr,,d *.: : - e , - , 1 . I . . . - - J , . ,..< ,: :,q3 ,ni;k,::. ,;,.;, ,,:+;; ,,r .. J.',, ' , a ! ' > , ,;. ',j<./ ') , * ,, ,, ',, , ' I , 1 , , ,, , , , , . , 1 - r .
I 1 I I . 4 , 5 I TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY 133 > L -- : ~ 1 ! call for and examine the proceedings of the market committee; and
(e) exzlcise such other pawars as may be prescribed.
(2) The Iocal atdhority may issue si~ch directions as may be necessary to the market colnmittee for carrying ~ u t thc purposes of this Act and if the market committee fails to c~in?ly with such diiections, thz local autharity or any officer autlzarisxI by it nlly dicect thc Cilicf Administrative Officzr to comply with such directions rind the Chief Administrative Officer shall forthwith comply with such I directions.
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