section 4
Price or rate of forest-produce sold or supplied to purchasers not to exceed market value.
The Maharashtra Supply of Forest-produce by Government (Revision of Agreements) Act, 1982Environmental19827 sections
Statutory text
- (1) The price or rate for sale or supply of the forest-produce, to be fixed at the time of any revision of the price or rate under Section 3, shall not exceed the market value of the forest-produce at the time of such revision, as may be determined by the State Government in the prescribed manner.
- (2) Where the price or rate is fixed, at the time of revision, for a period exceeding twelve months at a time, the State Government may provide for an annual increase in the price or rate towards the anticipated escalation in the market value of the forest-produce during the period the revised price or rate is to remain in force.
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