Section 14: Price Fixing Authority.
(1) Subject to subsection (3) of this section, the President shall be the Price Fixing Authority.
(2) The Authority-
(a) shall have power to fix for each season the price at which a Board shall purchase each produce (hereinafter referred to as "the producer price"); and
(b) may give guidelines concerning the price at which each Board shall sell such produce (hereinafter referred to as "the sale price"), whether or not for export.
(3) Before exercising the powers conferred on him under this Part, the Authority shall consult the National Council of States.
(4) In this section and the other provisions of this Act, the references to season include references to any period which is shorter or longer than a cropping season.
Cite this section
Section 14, COMMODITY BOARDS ACT (1977).
https://repo.podus.ai/laws/commodity-boards-act/section/14/