REGULATION OF TRADING

1. (1) . All notified agricultural produce incl1,iding livestock shall ordinarily be sold iri the

Provided that the notified agricultural produce including livestock may be sold at other places also to a licence holder especially permitted in this behalf under this Act. ·

1. (2) In relation to agricultural produce, nothing in the sub-section (1) shall apply to the following sale and purchase where -
   • (i) sale is made by the producer himself to any person for his domestic consumption in quantity up to the limits prescribed under the Rules;
   • (ii) brought for sale by head load;
   • (iii) purchase and sale is made by a petty trader;
   • (iv) purchase is made by an authorized fair price shop dealer from the Food Corporation of India, "the State Commodities Trading Corporation" or any other agency or institution authorized by the Central or/ and State Government Administration for distribution of essential commodities through the public distribution system; and
   • (v) the transfer of such agricultural produce to a cooperative society for the purpose of securing an advance there from.
2. (3) In relation to livestock, nothing in the sub-section (1) shall apply on the business of purchasing or selling of livestock not exceeding such value, as may be prescribed.
3. (4) The price of the notified agricultural produce including livestock, brought for sale

into the principal market yards, sub-market yards , private market yards, market

sub-yards shall be settled by tender bid or open auction including e-auction or any other transparent system and no deduction shall be made from the agreed price on any account whatsoever from the seller.

1. (5) Weighment or measurement or counting of all the notified agricultural produce including livestock so purchased shall be done by such a person and such system as is provided in the Bye-laws or at any other place specified for the purpose by the Market Committee. 60. (1) Except in the commercial transaction between two traders, any other person

who buys notified agricultural produce including livestock in the principal

market yards, sub-market yards and market sub-yards, shall execute an agreement

in triplicate in such form, as may be prescribed in favour of the seller. One copy of

the agreement shall be kept by the buyer, one copy shall be supplied to the seller and the remaining copy shall be kept in the record of Market Committee.

1. (2) (a) The price of the notified agricultural produce transacted in the principal market

yards, sub-market yards, private market yards, market sub-yards or at

e-platforms shallbe paid on the same day to the seller or in the maximum the

1. (b) In case purchaser does not make payment under clause (a), he shall be liable

to make additional payment at the rate of one percent, per day of the total

price of the agricultural produce, payable to the seller within five days.

1. (c) In case the purchaser does not make payment with additional payment to the seller under clause (a) and (b) above, within five days from the day of such

purchase, his licence shall be deemed to have been cancelled on the sixth

day and he shall not be granted any licence or permitted to operate under this Act for a period of one year from the date of such cancellation.

The Arunachal Pradesh Extraordinary Gazette, May 5, 2018 19

1. (3) Commission agent shall recover his/its commission from his/ its principal trader at

exceed four percent ad valorem on transacted produce, including all expenses as may be incurred by him in storage of the produce and other services rendered by him/ it: Provided that no commission shall be collected from farmer-seller.

two percent ad valorem on transacted produce in case of non-perishable agricultural produce and not exceeding one percent ad valorem in case of perishable agricultural produce and livestock: 63. Provided that Market fee specified under this section shall not be levied for

the second time, in whatever name it is called, i.e. cess, user charge ,service

charge, etc., in any principal market yard, sub-market yard, market sub-yard, private

notified agricultural produce in any principal market yard, sub-market yard, market

fee has already been paid as aforesaid in the State. Provided further that in case of commercial transactions between traders, the market fee shall be collected and paid by the seller. Provided also in case buyer is not licensee and seller is farmer, the liability of payment of market fee shall be of commission agent, who will collect the market fee from buyer and deposit to the Market Committee.

1. (2) The Market Committee may levy and collect entrance fee on vehicles which may enter into market yard(s) at such rate as may be specified in Bye-laws: