State of Assam - Act
The Assam Agricultural Produce Market Act, 1972
ASSAM
India
India
The Assam Agricultural Produce Market Act, 1972
Act 23 of 1974
- Published on 3 September 1974
- Commenced on 3 September 1974
- [This is the version of this document from 3 September 1974.]
- [Note: The original publication document is not available and this content could not be verified.]
Chapter I
Preliminary
1. Short title, extent and commencement.
2. Definitions.
Chapter II
Constitution of the State Agricultural Marketing Board, Market and Market Committee
3. Constitution of State Agricultural Marketing Board.
3A. Power and Functions of the Board.
3B. Assam State Agricultural Marketing Board Fund.
- All moneys received by or on behalf of the Board shall be credited to a fund called "The Assam State Agricultural Marketing Board Fund." The existing Fund of the Board before coming into force of the Assam Agricultural Produce Market (Amendment) Act, 2000, shall be credited to the Assam State Agricultural Marketing Board Fund established under this section, within one month from the date of coming info force of the Assam Agricultural Produce Market (Amendment) Act, 2000.3C. Payments incurred by the Board.
- All payment incurred by the Board shall be defrayed out of the Marketing Board Fund. The Chief Executive Officer of the Board shall be the drawing and disbursing officer subject to this Act and the bye-laws framed to that effect.3D. Contribution towards the Board.
- Every Market Committee shall pay to the Board 50% of its annual gross income derived from license fee and cess as contribution to meet the expenses of establishment of the Board and execution of works as may be directed by the Government from time to time for carrying out the purposes of this Act and for execution of other functions assigned to the Board under this Act including the maintenance of pool of officers common to Board and Market Committee :Provided that 50% of the amount of the amount collected by way of contribution from the Market Committees by the Board every year shall be transferred from the Marketing Board Fund to a separate account to be known as Agricultural Development Fund. The Chief Executive Officer shall incur expenditure after approval from the Board from and out of that fund on such schemes or items as may be prepared for the development of Agricultural Produce and Market subject to the approval of such schemes or items by a Committee consisting of the following-| (a) | Chairman of the Board, | |
| (b) | Secretary to the Government of Assam, Agricultural Department, | -Member |
| (c) | Director of Agricultural, Assam, | -Member |
| (d) | Chief Engineer, Agricultural, Assam | -Member |
| (e) | Chief Executive Officer of the Board | -Member |