Section 92. Bye-laws

(1) A Market Committee may make bye-laws, not inconsistent with this Act and the rules made there under, to provide for; namely :- (a) regulation of its business, (b) duties of Traders, Arthiyas, Brokers /Commission Agents, Weighmen and Palledars; and (c) any other matter, which, by order or under this Act, is required to be provided for by bye-laws; Provided that no bye-law, other than a bye-law made by adopting draft or model bye-law suggested by the Managing Director, shall be valid unless approved by the Managing Director. (2) If, in respect of any matter specified in sub-section (1), the Committee has failed to make any bye-laws or the bye-laws made by the Committee are not, in the opinion of the Managing Director, adequate, the Managing Director may make bye-laws providing for such matters to such extent as he thinks fit. (3) The power under this section to make bye-laws shall be exercised, subject to any general or special directions issued by the State Government in that behalf.