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ESSENTIAL COMMODITIES (AMENDMENT) ACT 2010

THE ESSENTIAL COMMODITIES (AMENDMENT) ACT, 2010
NO. 35 OF 2010
[8th September, 2010.]
An Act further to amend the Essential Commodities Act, 1955.
BE it enacted by Parliament in the Sixty-first Year of the Republic of India
as follows:--
1. Short title. - This Act may be called
the Essential Commodities (Amendment) Act,
2010.
2. Amendment of section 3 of Act 10 of 1955. - In section 3 of the Essential
Commodities Act, 1955, in sub-section (3C), the Explanation shall be numbered as
Explanation I, and after Explanation I as so numbered, the following Explanation
shall
be inserted and shall be deemed to have been inserted, with effect from the 1st day of
October, 2009, namely:--
`Explanation
II.--For the removal of doubts, it is hereby declared that the
expressions ``fair and remunerative price'' referred to in clause
(a), ``manufacturing
cost of sugar'' referred to in clause (b) and ``reasonable return on the capital
employed'' referred to in clause
(d), of this sub-section do not include the price
paid or payable under any order or any enactment of any State Government and
any
price agreed to between the producer and the grower or a sugarcane growers'
co-operative society.'.
V. K. BHASIN,
Secy. to the Govt.
of India.