Section 75. Grant or Renewal of licence for direct marketing.

(1) Any person, including a Farmers Cooperative, Farmers Producer Organisation (FPO) and Processor or Exporter, under Section 13, desires to purchase agricultural produce directly from farmers outside the principal market yard, submarket yard, market subyard, private market yard, shall apply to the Director or the Officer authorized by him for grant or renewal of licence, as the case may be, in such form and in such manner; and also for such period, as may be prescribed. (2) An application for direct marketing shall accompany such reasonable licence fee and security or bank guarantee, as may be prescribed. (3) The application received under Section 75(1) for grant or renewal of licence may be accepted or rejected in the cause and manner mutatis mutandis to Section 73(3). (4) A direct marketing licence granted or renewed under this section shall be subject to such terms and conditions, as may be prescribed; and the licensee shall be bound to follow the terms and conditions of the licence as prescribed. The licensee shall also follow the provisions of this Act and Rules made thereunder.