Puducherry Agricultural Produce Markets Act, 1973 (No. 3 of 1974). Country/Territory India Territorial subdivision Pondicherry Document type Legislation Date 1974 Source FAO, FAOLEX Long titleAn Act to provide for the better regulation of buying and selling of agricultural produce and the establishment and proper administration of markets for agricultural produce in the Union territory of Puducherry. Subject Agricultural & rural development Keyword Agricultural commodities Authorization/permit Internal trade Geographical area Asia, Asia and the Pacific, Indian Ocean, South Asian Seas, Southern Asia Abstract The Act provides the State Government the power to set up markets and constitute marketing committees. Additionally, 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. Additionally, the Act provides for penalties for violating the provisions of the Act. Full text English