section 32
Payment of additional bonus
The Maharashtra Raw Cotton (Procurement, Processing and Marketing) Act, 1971General197151 sections12 chapters
Chapter V MODE OF FIXING AND PAYMENT OF PRICE FOR COTTON TENDERED AT COLLECTION CENTRES
Statutory text
If in any cotton season, the amount at the credit of the Price Fluctuation Fund is equal to or more than 30 per cent. of the average total sales of cotton during the three preceding seasons, the entire amount realised in excess of the guaranteed price shall be distributed and paid [as further additional price] to the persons concerned, in the same manner and subject to the dudctions (if any) as laid down in sections 26 and 27. [After the expiry of this Act, the balance in the Fund shall be distributed among the tenders in the prescribed manner.]
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