Haryana State Agricultural Marketing Board and Market Committees Investment and Disposal of Surplus Fund Rules, 1981

{
    "id": 17111,
    "slug": "haryana-state-agricultural-marketing-board-and-market-committees-investment-and-disposal-of-surplus-fund-rules-1981",
    "title": "Haryana State Agricultural Marketing Board and Market Committees Investment and Disposal of Surplus Fund Rules, 1981",
    "short_title": "Haryana State Agricultural Marketing Board and Market Committees Investment and Disposal of Surplus Fund Rules, 1981",
    "act_number": "Published vide Notification No. G.S.R.81/P.A. 23/6",
    "act_year": 1981,
    "act_type": "STATE",
    "location": "Haryana",
    "law_status": "unknown",
    "enactment_date": null,
    "description": "Haryana State Agricultural Marketing Board and Market Committees Investment and Disposal of Surplus Fund Rules, 1981",
    "preamble": "",
    "section_label": "Section",
    "sections": [
        {
            "number": "1",
            "title": "1. Short title.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 0
        },
        {
            "number": "2",
            "title": "2. Definitions.",
            "chapter": null,
            "content": "(a) 'Act' means the Punjab Agricultural Produce Markets Act, 1961;\n(b) 'Board' means the Haryana State Agricultural Marketing Board;\n[(bb) 'Chairman' means the Chairman of the Haryana State Agricultural Marketing Board;]\n(c) 'Chief Administrator' means the Chief Administrator of the Haryana State Agricultural Marketing Board;\n(d) 'Government' means the Government of Haryana State in the Administrative Department;\n(e) 'Committee' means a Market Committee established under the Act;\n(f) 'Surplus fund' means any fund remaining surplus after meeting with all expenditure incurred by the Board or the Committee under or for the purposes of the Act; and\n(g) any other expression used in these rules shall have the same meanings as is assigned to it in the Act.\nPart II\nInvestment of Surplus Funds",
            "footnote": "",
            "is_definition": true,
            "sort_order": 1
        },
        {
            "number": "3",
            "title": "3. Investment of surplus funds [Sections 27, 43(2)(xx)].",
            "chapter": null,
            "content": "(i)  Industrial Credit and Investment Corporation of India Ltd. (ICICI Bank Ltd.)\n(ii)  Industrial Development Bank of India (IDBI) Ltd.\n(iii)  Housing Development and Finance Corporation (HDFC).\n(iv)  Small Industries Development Bank of India (SIDBI).]\nPart III\nDisposal of Surplus Funds",
            "footnote": "",
            "is_definition": false,
            "sort_order": 2
        },
        {
            "number": "43",
            "title": "4. Disposal of surplus funds [Section 43(2)(xx)].",
            "chapter": null,
            "content": "(a) repayment of principal amount of loan raised by the Board for establishment or development of markets in the market area or for carrying out any other development works or the Committee;\n(b) Payment of interest accrued on loan taken under clause (a);\n(c) Payment of any expenditure incurred by the Board in the interest of the Committee within its notified market area;\n(d) advancement of loans to the Board for any development work or for the fulfilment of the purposes for which Board has been constituted;\n(e) Construction of staff quarters for officials employed or working in connection with the affairs of the Committee concerned.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 3
        }
    ],
    "metadata": {
        "Act ID": "hl024",
        "Act Number": "Published vide Notification No. G.S.R.81/P.A. 23/61/S. 43/81, dated 9th July, 1981.",
        "Enactment Date": "",
        "Act Year": "1981",
        "Short Title": "Haryana State Agricultural Marketing Board and Market Committees Investment and Disposal of Surplus Fund Rules, 1981",
        "Type": "STATE",
        "Location": "Haryana"
    },
    "updated_at": "2026-09-29 21:55:19"
}