Vidhi Codex

Bare Act

The Tamil Nadu Specified Commodities Markets (Regulation of Location) Act, 1996

General199627 of 28 sections available3 chapters

The Tamil Nadu Specified Commodities Markets (Regulation of Location) Act, 1996 provides for the regulation and relocation of wholesale trading in specific goods, such as perishables, textiles, foodgrains, and metals, to declared market areas. Designed primarily to decongest crowded urban centers starting with the Madras Metropolitan Planning Area, the law empowers local authorities and market committees to establish organized commercial zones. It requires wholesale traders in designated commodities to register and obtain licenses to operate within these regulated markets. By streamlining commercial locations and establishing market infrastructure, the Act aims to improve urban traffic flow, public safety, and organized trade practices across Tamil Nadu.

Start reading →Read full ActSections

Chapter I Chapter I →

  1. 1Short title, extent and commencement
  2. 3Notification of intention of declaring a market area and recommendation of local authority to Government to declare market area
  3. 4Declaration of market area
  4. 6Market committee to be a local authority
  5. 7Alteration of market area, etc.
  6. 20Registration of wholesale traders
  7. 21Wholesale trading in specified commodity in market area to be regulated by licence
  8. 22Market committee to provide alternative trading facilities to registered wholesale traders in market

Chapter IV POWERS AND DUTIES OF MARKET COMMITTM. →

  1. 23Powers and duties of market committee
  2. 24Power of market committee to levy fees
  3. 25Restriction on transfer of immovable property of market committee
  4. 26Execution of contracts by market committee
  5. 27Power to acquire land
  6. 28Acquisition of land
  7. 29Officers and servants of market committee
  8. 30Powers and duties of Chief Administrative Officer
  9. 31Acts of market committee not to be invalidated by irregularity, etc.
  10. 32Market Committee Fund
  11. 33Payment of amount
  12. 37A~-l\liculion 01 propcl'ty, luitds, etc.
  13. 39Duty of officers, servants or members to furnish information to local authority

Chapter V MARKET COMMITTEE FUND AND FINANCE →

  1. 40Seizure of books and other documents
  2. 41Supersession of market committee
  3. 42Appointment of Special Officer
  4. 44Delivery of possession of records and properties of the market committee

Some statutory text is still being prepared for this language version.

PDF: pending for this language.