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[Cites 0, Cited by 0] [Section 7] [Entire Act]

State of Madhya Pradesh - Subsection

Section 7(1) in The M.P. Krishi Upaj Mandi (Mandi Nidhi Lekha Tatha Rajya Vipnan Sewa Kl Gathan Kl Riti Tatha Anya Vishaya) Niyam, 1980

(1)Every Market Committee shall keep five per cent of its gross receipts (licence fees and market fees) as Reserve Fund :Provided that the Director shall have the power to increase the limit of percentage subject to maximum of ten per cent.