Gujarat Agricultural Produce Markets Act, 1963 (No. 20 of 1964). Country/Territory India Territorial subdivision Gujarat Document type Legislation Date 1964 (2015) Source FAO, FAOLEX Long titleAn Act to consolidate and amend the law relating to the regulation of buying and selling of agricultural produce and the establishment of markets for agricultural produce in the State of Gujarat. Subject Agricultural & rural development, Food & nutrition Keyword Agricultural commodities Internal trade Institution Authorization/permit Geographical area Asia, Asia and the Pacific, Indian Ocean, South Asian Seas, Southern Asia Abstract This Act provides for the declaration of notified areas to regulate the purchase and sale of agricultural produce, livestock and livestock products in the State of Gujarat. The Act defines the internal organization of the market committees and their objectives which shall include the management of the markets in regulating the trade of notified agricultural produce. The committees shall be empowered to: issue licences to persons trading in notified agricultural commodities and who shall make their transactions only in the notified markets; and levy market fees from the purchasers of agricultural commodities. The Act also provides for the establishment of the Market Committee Fund for the acquisition and maintenance of market sites and the State Agricultural Produce Market Fund for subsidizing a market committee for the development of a market. Full text English Website www.lawsofindia.org References - Legislation Amended by Gujarat Agricultural Produce Markets (Amendment) Act, 2007 (No. 17 of 2007). Legislation | India | 2007 Keyword: Internal trade, Agricultural commodities, Authorization/permit, Agricultural development, Royalties/fees Source: FAO, FAOLEX