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    <description>Section 4 sets out the Commission&#039;s statutory powers: to advise the Central Government on recognition of associations, observe and act in respect of forward markets, collect and publish trading information including supply, demand and prices, submit periodic reports on the Act&#039;s operation and market working, recommend improvements to market organisation, inspect accounts and documents of recognised or registered associations and their members, and perform other duties and powers assigned by or under the Act; several regulatory powers were delegated to the Commission in 1960.</description>
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