26

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. 26. Power to borrow.--(1) A market committee may, with the sanction of the Government, raise money required for carrying out the purposes for which it is established in the security of any property vested in and belonging to the market committee and of any fees leviable by the market committee under this Act. (2) A market committee may, for the purpose of meeting the initial expenditure on lands, buildings and equipment required for establishing a market, and for the proper discharge of the duties and functions imposed on it by or under this Act, obtain a loan from the Government or from any other market committee on such conditions and subject to such rules as may be prescribed.