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[Cites 0, Cited by 0] [Section 30] [Entire Act]

State of West Bengal - Subsection

Section 30(7) in West Bengal Agricultural Produce Marketing (Regulation) Rules, 1982

(7)The market committee shall maintain a register for subsidies received from different agencies in cash or in kind and the subsidies so received, shall be credited to the appropriate Subsidy Fund Account.Illustrations : (a) Where the State Government has transferred to the market committee a piece of land free of cost for construction of its principal market yard the book value of the land as may be determined by the State Government, or when the State Government has not determined the book value, by the market committee with the approval of the Board, shall be debited by means of an entry in the Journal to the Land Account with corresponding credit to the State Government Subsidy Fund for Principal Market Yard Land Account.
(b)Where the State Government has granted a subsidy to the market committee to recover the loss it has sustained in its operations for prevention of distress sale by farmers subsidy so received shall be entered in the Cash Book with credit to the State Government Subsidy Fund for Prevention of Distress Sale Account.