Mumbai Metropolitan Region Specified Commodities Markets (Regulation of Location) Act, 1983 (Maharashtra)

Bare Act · 1983

Act number: 42 of 1983
Enacted: 2 December 1983
Contents: 76 sections

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Section 1 – Short title, extent, commencement and application
Section 2 – Definitions
Section 3 – Declaration of market area and market yards
Section 4 – Constitution of first market committee
Section 5 – Registration of persons lawfully engaged in specified trade
Section 6 – Market committee to provide alternative trading facilities to registered persons in market yards (preview)
Section 7 – Prohibition on carrying on specified trade in any market area of market yard without a licence (preview)
Section 8 – Establishment of market committees (preview)
Section 9 – Constitution of market committee (preview)
Section 10 – Regulations of holding elections of members (preview)
Section 11 – Publication of names of members (preview)
Section 12 – Disputes in respect of election or nomination of members including Chairman and Vice-Chairman (preview)
Section 13 – Term of office of members of committee (preview)
Section 14 – Resignation of members (preview)
Section 15 – Removal of members (preview)
Section 16 – Casual vacancies (preview)
Section 17 – Members to vacate office on expiry of term and appointment of administrator (preview)
Section 18 – Election of Chairman and Vice-Chairman (preview)
Section 19 – Term of office of Chairman and Vice-Chairman (preview)
Section 20 – Honorarium to Chairman and Vice-Chairman (preview)
Section 21 – Election to Chairman and Vice-Chairman (preview)
Section 22 – Registration of Chairman and Vice-Chairman (preview)
Section 23 – Removal of Chairman and Vice-Chairman (preview)
Section 24 – Casual vacancies in office of Chairman and Vice-Chairman (preview)
Section 25 – Chairman and Vice-Chairman to hand over charge of their respective offices and consequences of refusal to hand over charge (preview)
Section 26 – Constitution of standing committee (preview)
Section 27 – Appointment of sub-committee (preview)
Section 28 – Powers, functions, etc. of the standing committee and sub-committee (preview)
Section 29 – Delegation of powers of committee to standing committee or sub-committee (preview)
Section 30 – Meetings and conduct of business at meetings (preview)
Section 31 – Members to act during vacancy, acts of committee etc., not to be invalidated by informalities (preview)
Section 32 – Powers and duties of committee (preview)
Section 33 – Grant of licence to be regulated by by-laws (preview)
Section 34 – Power of committee to levy fees (preview)
Section 35 – Provision regarding transfer of immovable property of committee (preview)
Section 36 – Transfer of immovable property of committee by the licensee (preview)
Section 37 – Execution of contracts (preview)
Section 38 – Market Fund, its custody and investment (preview)
Section 39 – Purposes for which Market Fund to be expended (preview)
Section 40 – Constitution of special funds (preview)
Section 41 – Power to borrow (preview)
Section 42 – Accounts and Audit (preview)
Section 43 – Budget (preview)
Section 44 – Re-appropriation of budget provisions (preview)
Section 45 – Application of property, funds, etc (preview)
Section 46 – Annual report (preview)
Section 47 – Application of the provisions of Chapter VIII of Mah. IV of 1975 (preview)
Section 48 – Appointment of Chief Executive Officer (preview)
Section 49 – Powers and duties of the Chief Executive Officer (preview)
Section 50 – Appointment of other officers and servants (preview)
Section 51 – Conditions of service of officers and servants to be regulated by by-laws (preview)
Section 52 – Inspection, enquiry, submission of statements, etc (preview)
Section 53 – Duty of officer, servant or member to furnish information to Metropolitan Commissioner, etc (preview)
Section 54 – Seizure of account books and other documents etc (preview)
Section 55 – Supersession of market committee (preview)
Section 56 – Appointment of Administrator (preview)
Section 57 – Powers of Administrator (preview)
Section 58 – Re-establishment of committee (preview)
Section 59 – Appeals (preview)
Section 60 – Non-appealable orders (preview)
Section 61 – Power of State Government to call for record of any case (preview)
Section 62 – Finality of order (preview)
Section 63 – Bar of jurisdiction (preview)
Section 64 – Offences and penalties (preview)
Section 65 – Offence by companies (preview)
Section 66 – Cognizance and trial of offences (preview)
Section 67 – Compounding of offences (preview)
Section 68 – Power to make rules (preview)
Section 69 – Power of committee to make by-laws (preview)
Section 70 – Power of State Government to amend Schedule (preview)
Section 71 – Chairman, Vice-Chairman, members, Chief Executive Officer and other officers and servants of committee to be public servants (preview)
Section 72 – Protection of action taken in good faith (preview)
Section 73 – Recovery of sums due to Government or committee (preview)
Section 74 – Power to delegate (preview)
Section 75 – Non-applicability of Bom. LVII of 1947 (preview)
Section 76 – Removal of difficulties (preview)

Contents