State Act

The Nagaland Agriculture Produce Marketing (Regulation) Act,1988

This Act was repealed on a date we do not have by the Nagaland Agriculture Produce Marketing (Development and Regulation) Act, 2005 (Act 5 of 2005), s.111(1); it may still apply to matters that began before then.

31, (1) Every Market Committee shall prepare and pass the budget of its income and expenditure for the ensuing year in the prescribed form and shall submit it to the Director for sanction before the prescribed date every year. The Director shall sanction the Budget with or without modification within two months from the date of receipt thereof. If the Budget is not returned by the Director within two months, it shall be presumed to have been sanctioned. (2) No expenditure shall be incured by a Market Committee on any item if there is no provision in the sanctioned Budget therefore unless it can be met by re-appropriation from saving under any other head. The sanction for reappropriation may be obtained from the Director provided that in case of reappropriation from minor heads under one major head, sanction for reappropriation will not be required. (3) A Market Committee at any time during the year for which any Budget has been sanctioned cause a revised or Supplementary Budget to be passed and sanctioned in the same manner as if it were an original Budget. (4) A Market Committee shall not take up or give order for execution of any construction work estimated to cost more than rupees twenty thousand without prior permission of the Director even if there is a provision therefore in the sanctioned Budget. (5) The Director while according sanction for construction works may, at his discretion, direct that the execution of the works shall be entrusted to the Public Works Department of the State Government or Marketing Board or any other agency authorised by the State Government for this purpose.