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State of Jharkhand - Section

Section 19 in Bihar Trade Articles (Licences Unification) Order 1984

19. [ Requisitioning the stocks of Trade Articles. [Substituted by G.S.R. 47 dated 17.10.1985.]

- During emergency, war, famine, natural calamities, etc., every person holding stocks of trade articles mentioned in Schedule I and Schedule II shall sell to the State Government or to any person or class of persons the whole or specified part of his stock at such prices and in such manner as may be specified by the Collector.]Explanation. - For the purpose of this clause the prices payable to a person who is required to sell the whole or specified part of his stock of trade article shall be determined by the authority concerned in accordance with the provisions of subsection (3-B) of Section 3 of the Essential Commodities Act, 1955.