(5)  Any person appointed Officer-in-Charge under sub-section (3) shall receive from the Market Committee fund for his services such pay and allowances as may be fixed by the Managing Director.]

(6) At any time before the expiry of the period of supersession, the State government may constitute a new committee under S.11 and transfer thereto the assets and liabilities of the superseded committee as on the  date of such transfer.

^[1][(7)  The Officer-in-Charge shall cease to hold office on the date appointed for the first meeting of the Market Committee as reconstituted.]

^[2] [57. Consequences of dissolution under Section ^[3] [13] .-  (1) Where a Market Committee stands dissolved under ^[4] [proviso to sub-section (2) of Section 13], the following consequences shall ensue, namely:--

(a)        all the members as well as the Chairman and Vice-Chairman of the Market Committee shall, as from the date of dissolution of such Market Committee under the said sub-section, be deemed to have vacated their offices; 

(b)        all powers and duties of the Market Committee under this Act, shall, subject to the control of the Managing Director, be exercised and performed by a person to be called the Officer-in-Charge as the Managing Director may, by order appoint in that behalf : 

            Provided that in the event of death, resignation, leave or suspension of the Officer-in-Charge a casual vacancy shall be deemed to have occurred in such office and such vacancy shall be filled in as soon as may be, by appointment of a person thereto by the Managing Director and until such appointment is made a person nominated by the Collector shall act as Officer-in-Charge; 

(c)        All property vested in the Market committee shall vest in the Officer-in-Charge in trust for the purposes of this Act. 

(2)  Any Officer-in-Charge  appointed under sub-section (1) may at  any time be removed by the Managing Director who shall have power to appoint another person. 

(3)   Any person appointed Officer-in-Charge under sub-section (1) shall receive from the Market Committee Fund for this services such pay and allowances as may be fixed by the director. 

(4)  The Officer-in-Charge shall cease to hold office on the date appointed for the first general meeting of the Market Committee as reconstituted.]

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