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The Mumbai Metropolitan Region Specified Commodities Markets (Regulation of Location) Act, 1983

Section 4. Constitution of first market committee.

(1) As soon as possible, after any area is declared to be a market area for any commodity under sub-section (1) of section 3, the State Government shall, by notification in the Official Gazette, constitute the first market committee therefor which shall consist of a Chairman, a Vice-Chairman and such number of other members nominated by the State Government as the State Government may consider necessary. (2) Every member (including the Chairman and Vice-Chairman) shall hold office for such period as the State Government may fix in each case. (3) All members (including the Chairman and Vice-Chairman) of the first market committee shall be deemed to vacate office, when the first meeting of the successor market committee duly constituted under sub-section (1) of section 9 is held, at which a quorum is present.

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

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