Ins. by sec. 6 of U. P. Act No. 07 of 1978. — U. P. ACT No. XXV of 1964 ]

7 . Ins. by sec. 6 of U. P. Act No. 07 of 1978. Priorities of liabilities of the Committees Market development fund Recovery of sums due to Committee as arrears of land revenue and power to write off irrecoverable dues Surcharge Powers and duties of the Chairman and the Vice -Chairman (2) The Market Development Fund shall be applied for the purposes of the development of the market area, and no amount shall either be spent from the fund or be invested except in accordance with the directions issued by the Board from time to time. ] 1 [ (3) Without prejudice to the generality of the provisions of subsection (2), the Market Development Fund shall be utilized for the following purposes, namely — (i) facilities to the agriculturists, other producers and payers of market fees in the form of amenities, market, intelligence, proper weighment, grading, quality control, storage and infrastructure for value addition activities, reduction of mal-practices, multiple trade charges, levies and other exactions, special facilities for different trades in the New Market Yard, and such other facilities for as may be deemed necessary under the provisions of the Act in the market area ; (ii) development of principal market yards, sub-market yards hats and painths and construction of new Market Yards and construction, maintenance and repair of link roads and other development works in the market area ; (iii) other development and regulatory purposes under the Act. Explanation — ‗New Market Yard' means the place or places specified under clause (b) of sub-section (2) of section 7, for carrying on wholesale transactions. ] 20. (1) Any amount due to the Committee, if not paid within the prescribed period, may be recovered as arrears of land revenue. (2) A Committee may write off any amount due to it, if it is certified by the Collector to be irrecoverable : Provided that no amount exceeding Rs. 200 shall be written off without the prior approval of the Director. [ 21. (1) The Chairman, Vice-Chairman and every member, officer and servant of the Committee shall be liable to surcharge for the loss, waste or misapplication of any money or property of the Committee, if such a loss, waste or misapplication is a direct consequence of his neglect or misconduct while acting as Chairman, Vice-Chairman, member, officer or servant. (2) The procedure of surcharge and the manner of the recovery of the amount involved in loss, waste or misapplication shall be such as may be prescribed. (3) No suit shall lie in any court for the recovery of any sum recoverable in the manner prescribed under sub-section (2). ] 2 CHAPTER – IV Officers and Servants of the Committee

Section 7