State Act

THE UTTAR PRADESH KRISHI UTPADAN MANDI ADHINIYAM, 1964

This Act was repealed on a date we do not have by the Uttarakhand Agricultural Produce Marketing (Development and Regulation) Act, 2011 (Uttarakhand Act 9 of 2011); it may still apply to matters that began before then.

[19-A Priorities of liabilities of the Committees The revenues of a Committee shall, after meeting its operating, maintenance and management expenses, be applied as far as they are available in the following order, namely: - (i) the repayment of principal amount of, and interest on, loans not guaranteed by the State Government; (ii) the repayment of principal amount of, and interest on, loans guaranteed by the State Government ; (iii) the repayment of principal amount of, and interest on, sums paid by the State Government under guarantees, if any, by that Government ; (iv) the repayment of principal amount of, and interest on loans taken from the State Government; (v) the balance remaining to be utilized for the reduction of fees payable to the Committee under this Act or for expenses incurred in the discharge of any of the functions of the Committee, as the Committee they think fit or the Board may direct.]1