State · Nagaland
Section 13 of The NAGALAND AGRICULTURAL PRODUCE AND LIVESTOCK MARKETING (PROMOTION AND FACILITATION) ACT, 2020
Establishment of private market yard.
I) Subject to such reasonable conditions and such tee as may he prescribed, the Managing Director or the Officer authorized by him may grant a licence to a person to establish a private market yard, for trading of notified agricultural produce and livestock.
- (2)The private market yard licensee, or its management committee, by whatever name it is called, may register commission agents and other market functionaries to operate in the licensed private market yard. 3) The private market yard licensee, or its management committee, may collect user charge on notified agricultural produce and livestock transacted in the private market yard, at the rate ad valorem not exceeding the rate as notified by the Government. Provided that no user charge shall be collected from agriculturist-seller. (4) The private market yard licensee shall cntrihute, of such user charge collection and registration fee, to the separate "Revolving Marketing Development Fund' maintained by the MD at the rate in percentage at par with Market Committee. (5)The MD will spend the money from such Fund under sub -section (4) in development of common marketing infrastnicture, skill development, training, research and pledge financing and such other activities as will aid in creating an efficient marketing system in the State.
- (6)The private market licensee shall formulate a Standard Operating Procedure (SOP) in tune with the Procedures and Guidelines laid down b the NSAMB tbr conduct of business and activities ancillary thereto in the licensed private market yard.