Section 16
Act not to apply to certain transactions.
The Farmers Produce Trade and commerce (Promotion and Facilitation) Act, 2020
About this Act
An Act to provide for the creation of an ecosystem where the farmers and traders enjoy the freedom of choice relating to sale and purchase of farmers produce which facilitates remunerative prices through competitive alternative trading channels; to promote efficient, transparent and barrier-free inter-State and intra-State trade and commerce of farmers produce outside the physical premises of markets or deemed markets notified under various State agricultural produce market legislations; to provide a facilitative framework for electronic trading and for matters connected therewith or incidental thereto.
Nothing contained in this Act, shall be applicable
to the Stock Exchanges and Clearing Corporations recognised under the Securities Contracts
(Regulation) Act, 1956 and the transactions made thereunder.