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14

Incorporation of committee

Act: Balochistan Agricultural Produce Markets Act 1991

Section Provisions

ACT I OF 1991 ACT I OF 1991 BALOCHISTAN AGRICULTURAL PRODUCE MARKETS ACT, 1991 An Act to provide for the better regulation of purchase and sale of agricultural produce and the establishment of markets for agricultural produce in the Balochistan Province [Gazette of Balochistan, Extraordinary, 25th November, 1991] No. PAB/Legis.III(3)/91, dated 25-11-1991.--The Balochistan Agricultural Produce Markets Bill, 1991 having been passed by the Province Assembly of Balochistan on 9th October, 1991 and assented to by the Governor of Balochistan, is hereby published as an Act of the Provincial Assembly. 14. Incorporation of committee.--Every market committee shall be a body corporate by such name as the Government may specify in the notification establishing it, shall have perpetual succession and a common seal, may sue and be sued in its corporate name, and shall subject to the provisions of section 26, be competent to acquire and hold property, both movable and immovable to lease, sell or otherwise transfer any movable or immovable property which may have become vested in or been acquired by. it, and to contract and to do all other things necessary for the purpose for which it is established: Provided that no market committee shall permanently, transfer any immovable property except in pursuance of a resolution passed at a meeting specially convened for the purpose by a majority of not less than three-fourth of the members of the market committee.