18
Execution of contracts
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. 18. Execution of contracts.-----(1) Every contract entered into by a market. committee shall be in writing and shall be signed on behalf of the market committee by the chairman and two members, or, if for any reason the chairman is unable to act, by the vice-chairman and two members of the market committee and shall be sealed with the common seal of the market committee. (2) No contract other than a contract executed in the manner provided in subsection (1) shall be binding on a market committee.