Notification of intention to alter limits of or to amalgamate or to split up markets areas

(1) The State Government may, by notification, declare its intention- (i) to alter the limits of a market area by including therein any other area in the vicinity thereof or by excluding therefrom any area comprised therein : or (ii) to amalgamate two or more market areas and constitute one Committee thereof ; or (iii) to split up a market area and to constitute two or more Committees therefor. (2) Every Notification issued under sub-section (1) shall define the limits of the area which is intended to be included in or excluded from a market area, or of the market area intended to be amalgamated into one, or of the area of each of the market intended to be constituted after spliting up an existing market area, as the case may be, and shall also specify the period which shall not be less than thirty days within which objections, if any, shall be received by the State government.