Denotification of a market area and its consequences

Denotification of a market area and its consequences.-

1. (1) Where the State Government is satisfied that the marketing of any agricultural produce in a market area is no longer required to be regulated under this Act, it may, by notification, denotify such market area.
2. (2) On such denotification, the market committee of the market area shall stand dissolved and the assets and liabilities of the committee shall be disposed of in such manner as the State Government may direct.