Price of sugarcane

(1) The Government may, after consultation with the Advisory Committee, by order, fix the minimum price of sugarcane to be paid by the factories. (2) No person shall purchase or offer to purchase sugarcane at a price less than the minimum price fixed under sub-section (1). (3) The Government may, by order, direct that the minimum price so fixed shall be paid by the factory to the cane-grower at such time and in such manner as may be specified in the order. (4) If a factory fails to pay the price of sugarcane in accordance with the provisions of this section, it shall be liable to pay such interest on the amount due as may be prescribed by the Government.