Assessment of Market Fee of his own motion by the Chief Executive Officer, payable to Market Committee by Licensee/ Registered Functionaries

(1) (i) If any person required to produce accounts or furnish information under sub- section (1) of Section 53 fails to produce such accounts or to furnish information or knowingly furnishes incomplete or incorrect accounts or information or has not maintained proper accounts of the business of the notified agricultural produce,the Chief Executive Officer, on his own motion, shall assess such person for fees levied under Section 42 on the basis of information available with the Market Committee.