192 tal-1994
Statutory Text (3 Articles)
L .N. In of 1.9'M
SUPPLIES AND S£RVIC"",, ACT
(CAP. 111)
S.k or Commodities (COIltTol) (AfMlllllnml) K . . . . lioai. 1994
IN uereise of the powen oonfem::d by $«I.ion 3 of the Supplies and
Serviees Af;! . the Min ister of Finance has made: the following
regulatioll5: -
( I) The!;c ~gulations may be cited as the Sale of
,01. Commodities (Control) (Amendment) Regulaliom , 19')4, and shall be
read and COfIStrued as onc with the Sak of Commodi ties (Conuol)
Regulations, Im, hc~inaher ~fem::d 10 as ·· the prin(ipal
,egulatioll5" ,
(2)
These regulations shall come into force o n the 1$1 day
o f 1anuary. Im .
Regulation 98 o f the principalregulatioll'l shall be ~leted.
For regulation 15 of the principal regulations there shan be
$ubstitu ted the follo wing:-
( 1) No perwn sball mark , offer for sale. sell or
allempt to se ll any oommod;ty above the mlVl imum price
rl.lcd in respect of thatoommodityor at an unreasonabk price
where no rTU\lI;mum price is rl.led.
(2) When no mu;mun pria: ;" fixed. any extra
charge made in respect of any commodity shall be taken into
lIOOOUnt in determini ng whether the 1000al price charged is a
reasooabk price.
(3) In ~terminin, the reasonabk pric:c of any
commodity. whe n no maximum price has been fixed , no
acaM.Int shall be take n of any SIlk, purchase or o ther
lransaction which contravenes any regulation for the time
being in force,
(4) Any profi t exccc:dinlthe mar~n orpen.:cntage
of profit allowed under or for the purpollC of these regulations
shall be conclu.,ively deemed 10 render the price charged or
demanded unrcasonabk . '" .
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