(1) If the Provincial Government is of opinion that it is expedient to do so, the Provincial Government may at any time add to, vary or rescind any by-laws made by a recognised association under section 6 or may make any bye-laws for all or any of the matters specified in the said section 6.
(2) Bye-laws, or any addition to, or variation or rescission of bye-laws made under sub-section (1) may provide for the regulation and control of contracts entered into or made previously to and subsisting at the date of making of the bye-laws, addition, variation or rescission, but not so as to affect contracts entered into or made before a week previous to such date, and all rights and obligations in respect of contracts so regulated and controlled shall thereafter be determined accordingly.
(3) Bye-laws or any addition to, variation or rescission of bye-laws made under sub-section (1) shall be subject to the condition of previous publication :
Provided that the Provincial Government may, in the interest of the trade or in public interest, dispense with the condition of previous publication.
(4) Bye-laws or any addition to, or variation or rescission of bye-laws made under this section shall be published in the Official Gazette and shall be deemed to have been made by the recognised association.
(2) Bye-laws, or any addition to, or variation or rescission of bye-laws made under sub-section (1) may provide for the regulation and control of contracts entered into or made previously to and subsisting at the date of making of the bye-laws, addition, variation or rescission, but not so as to affect contracts entered into or made before a week previous to such date, and all rights and obligations in respect of contracts so regulated and controlled shall thereafter be determined accordingly.
(3) Bye-laws or any addition to, variation or rescission of bye-laws made under sub-section (1) shall be subject to the condition of previous publication :
Provided that the Provincial Government may, in the interest of the trade or in public interest, dispense with the condition of previous publication.
(4) Bye-laws or any addition to, or variation or rescission of bye-laws made under this section shall be published in the Official Gazette and shall be deemed to have been made by the recognised association.
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More sections of this act
Section 1 · Short title and operation.Section 2 · Definitions.Section 3 · Recognition.Section 4 · Power of Provincial Government to supersede the governing body, and suspend business.Section 5 · Power of Provincial Government to make rules and add to, etc., articles of association.Section 6 · Power of recognised association to make, add to, vary or rescind bye-laws.Section 8 · Illegal contracts and penalty.Section 9 · Options in goods illegal.India Code, Government of India. Text fetched 19 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.