Chapter X MANDAL PANCHAYATS

1[Mandal Panchayats] as agents of market committees.- (1) Subject to such rules as may be prescribed, a market committee may with the consent of any

1[Mandal Panchayat] having jurisdiction within the market area, appoint such

1[Mandal Panchayat] as the agent of the market committee, for exercising such powers, performing such duties inclusive of any of the powers and duties relating to the sub-markets and the sub-market yards of the market committee in the area of such

conditions, including the condition that the powers and duties entrusted by way of agency shall be subject to the control and supervision of the market committee and of the officer or officers generally or specially empowered by the market committee in that behalf, as may be prescribed by the bye-laws.

1. (2) The power entrusted to a 1[Mandal Panchayat] under sub-section (1) shall include the power to levy and collect market fees under section 65, and the goods in respect of which such fees are payable shall not be removed from the place of purchase unless the fees are paid to the 1[Mandal Panchayat] .
2. (3) Such percentage not exceeding 2[fifty] percent of the market fees collected by a 1[Mandal Panchayat] as may be determined by the market committee taking into consideration the extent of powers and duties entrusted to the 1[Mandal Panchayat] , shall be retained by the 1[Mandal Panchayat] and credited to the 1[Mandal Panchayat Fund] , and the balance shall be paid to the market committee.

¹ Substituted by Act 35 of 1986 w.e.f.17.6.1986

2. Subsituted by Act 16 of 1991 w.e.f.1.8.1991

1[Mandal Panchayat] .- (1) The market committee shall pay annually to every

1[Mandal Panchayat] entrusted with powers and duties under section 97, a sum equal to seventy-five per cent of the licence fees collected from market functionaries operating exclusively in the area under the jurisdiction of such

1[Mandal Panchayat] .

1. (2) A market committee may give initial financial assistance by way of loan without interest to a 1[Mandal Panchayat] entrusted with powers and duties under section 97, repayable at such times and in such instalment as may be agreed upon between the market committee and the 1[Mandal Panchayat] .

¹ Substituted by Act 35 of 1986 w.e.f.17.6.1986

1[Mandal Panchayat]

.- Notwithstanding anything contained in the

¹ Substituted by Act 35 of 1986 w.e.f.17.6.1986

1[Karnataka Zilla Parishads, Taluk Panchayat Samithis, Mandal Panchayats and Nyaya Panchayats Act, 1983, a Mandal Panchayat] shall be competent to exercise the powers and perform the duties entrusted to it under sub- section (1) of section 97, in such manner as may be prescribed.