(2)  Whoever contravenes any condition of a licence granted by a market committee shall, on conviction, be punished with fine which may extend to five hundred rupees. 

(3)  Whoever obstructs any officer in carrying out the inspection of accounts or holding an enquiry into affairs of a market committee or fails to obey any order issued under clause (d) of sub-section (1) of section 54 shall, on conviction, be punished with fine which may extend to two hundred rupees for every day during which the offence continues. 

(4)  If any officer, servant or member of a market committee, when required to furnish information  in regard to the affairs or proceedings of a market committee under clause (a) of sub-section (1) of section 54-- 

(a)           willfully neglects or refuses to furnish any information :  or  

(b)           willfully furnishes false information, 

shall ,on conviction, be punished with fine which may extend to five hundred rupees. 

(5)  Whoever in contravention of the provisions  of sub-section (3) of section 54 obstructs any authorized persons in seizing or taking possession  of any books, records, funds or property of the market committee or fails to give delivery thereof to such person, shall, on conviction, be punished with fine which may extend to two hundred rupees. 

(6)  Any person who fraudulently evades the payment of any fee or other sum due to the market committee under the provisions of this Act or the rules or bye-laws made thereunder or evades the payment due towards  remuneration to any weighman or hammal, or demands remuneration without authority of the seller or buyer for this employment or demands remuneration otherwise than in accordance with the provisions of the rules and  bye-laws made under this Act, shall, on conviction, be punished with fine which may extend to five hundred rupees and in case of continuing offence with a further fine which may extend to one hundred rupees for every day during which such offence is continued after conviction therefore. 

(7)  Whoever contravenes any provision of this Act or any rules or bye-laws made thereunder shall, if no other penalty is provided for the offence ,be punished with fine which may extend to two hundred rupees. 

50.  Powers of market committee and Chairman to impose penalties.- (1) A market committee  and the Chairman thereof may impose the penalties of censure or of fine on any licensed market functionary or seller for contravention of any bye-law:  

            Provided that the market committee shall not be competent to impose fine exceeding .[1][Two thousand] rupees and the Chairman shall not be competent to impose fine exceeding .[2][Five hundred] rupees;

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