Market Yards, Sub-Market Yards, Farmers/ Consumer / Farmers market and Private Market

(1) In every market area, there may be :-(a) market yard managed by the Market Committee, (b) one or more than one sub market yards managed by the Market Committee, (c) one or more than one private market yards/ private markets managed by a person other than a Market Committee, (d) one or more than one farmers/consumer markets managed by a person other than a Market Committee, (2) The State Government shall, as soon as may be, after the issue of notification under Section 4, by notification, declare any specified place including any structure, enclosure, open place, or locality in the market area to be a market yard or sub-market yard, as the case may be.