Prices Act, 1958

PART III.

Prices for Commodities and Charges for Services.

Fixing of maximum prices of commodities and charges for services consequential on a report by the Fair Trade Commission.

13.—(1) Where the Minister, having considered a report of the Fair Trade Commission under the Act of 1953, is of opinion that—

(a) restrictive practices, in connection with the supply or distribution of any commodity, exist, and

(b) by reason of the existence of such restrictive practices, excessive prices are being or may be charged for that commodity,

the Minister may by order fix the maximum price at which that commodity may be sold.

(2) Where the Minister, having considered a report of the Fair Trade Commission under the Act of 1953, is of opinion that—

(a) restrictive practices, in connection with the rendering of any service, exist, and

(b) by reason of the existence of such restrictive practices, excessive charges are being or may be made for rendering that service,

the Minister may by order fix the maximum charge which may be made for rendering that service.