![]() |
[Home]
[Databases]
[WorldLII]
[Search]
[Feedback]
[Report an error]
[F.A.Q.]
Tuvalu Sessional Legislation |
TUVALU
PRICE
CONTROL ACT 1990
(Act 2 of 1991)
I assent
Toaripi Lauti PC
GCMG
Governor-General
22nd
August 1991
AN ACT to
establish the Price Control Board for controlling prices, and for connected
purposes.
ENACTED by the
Parliament of Tuvalu -
[Commencement: __________________]
PART
I
PRELIMINARY
Short
title
1. This Act may be cited as the Price Control Act
1990.
Interpretation
2.
In this Act, unless the context otherwise requires -
"Board" means the Price Control Board established under section 3;
"retailer" means a person who in the course of his business sells commodities to a consumer;
"wholesaler" means a person who sells or supplies commodities to another for the purpose of resale or for use by such other person in the course of his business;
"price" includes a charge of any description;
"commodity" includes any goods or service.
PART
II
ESTABLISHMENT OF PRICE CONTROL
BOARD
Establishment of
Board
3. (1) There is hereby established a board to be known as
the Price Control Board.
(2) The Board -
(a) shall be a body corporate with perpetual succession;
(b) shall have a common seal;
(c) may sue or be sued in respect of matters, whether relating to contract, tort or otherwise, arising in connection with the exercise of its powers or the carrying on of its functions under the provisions of this Act.
Composition
of Board
4. (1) The Board shall consist of three members being the
Registrar of Co-operatives who shall be the Chairman and the following members
appointed by the Minister for a term not exceeding 5 years:
(a) a representative of retailers; and
(b) a representative of consumers.
(2) All
orders made by the Board shall be given under the hand of the
Chairman.
(3) In the exercise of its functions under this Act the Board
shall act in accordance with any general or special directions as to
the policy
to be followed by it issued by the Minister and published in the
Gazette.
Conflict of
interest
5. Each member of the Board shall fully declare to the
Board any financial or other interest which he may have in any subject under
consideration by the Board.
PART
III
POWERS OF THE BOARD
Powers of the
Board
6. (1) The Board shall with the approval of the Minister by
order regulate the price for sale by retail of the Board commodities listed
in
the Schedule, either generally or in any part of Tuvalu specified in the
order.
(2) The Minister may from time to time by order add commodities to
or delete commodities from the Schedule.
(3) (a) The Board may call any person to give information or any explanation or to produce records or documents which the Board may require in performing its duties; and the Board may call any other person to assist the Board with such information, explanation, records or documents.
(b) Any person wilfully refusing to comply with a lawful request of the Board commits an offence and shall be liable on conviction to a fine of up to $1000.
Limitation
7.
In determining whether and in what manner to exercise the powers conferred by
section 6, the Board and the Minister shall have
regard to the circumstance of
the trade in the commodity to which the order will apply and to the effect of an
order on the profitability
of that
trade.
Price
Inspectors
8. (1) The Board with the approval of the Minister may
appoint suitably qualified persons to act as price inspectors for the purposes
of this Act and in particular -
(a) to report to the Board any breaches of the provisions of this Act or any regulations or orders made thereunder;
(b) to institute, prosecute and conduct any legal proceedings in respect of any alleged offence against this Act or any regulation or order made thereunder.
(2) On production of his
credentials and for the purpose of determining whether an offence has been
committed, a price inspector may
seize and detain any documents or commodities
which he has reason to believe may be required as evidence in proceedings for
such
an offence.
(3)Any person who -
(a) wilfully obstructs a price inspector anything in pursuance of his powers under this Act or any regulation or order made thereunder;
(b) without reasonable cause fails to give a price inspector any other assistance or information which he may reasonably require for the performance of his functions,
shall be guilty of an
offence.
PART
IV
CONTROL OF PRICES
Fixing the maximum
price
9. Without limiting the generality of section 6(1) an order
made under that section may -
(a) prescribe a maximum price for the sale of the commodity;
(b) make provision whereby the price to be charged on a sale by retail is not to exceed the buying price charged to the retailer by more than a margin determined in accordance with the order;
(c) make different provision in relation to different circumstances.
Proportionate
Prices
10. Where the quantity of the commodity sold or offered for
sale is greater or less than the quantity specified in an order made under
section 6(1) such commodity shall, subject to any express provision to the
contrary in the order, be sold or offered for sale at
the proportionately
increased or diminished price as the case may
be.
Variation of
order
11. The Board may with the approval of the Minister by order
or by notice to any trader cancel or vary an order made under section
6(1) or
exempt any commodity from such an order.
PART
V
MISCELLANEOUS
Prohibited
acts
12. No person shall -
(a) sell or attempt to sell a commodity to which an order made under section 6(1) applies at a greater price than that prescribed by the order;
(b) in the course of business apply different methods of fixing or ascertaining the prices of a commodity to which an order under section 6(1) applies with intent to evade the provisions of this Act or any regulation or order made thereunder.
Penalties
13.
(1) Any person who contravenes or fails to comply with any of the provisions of
this Act or of any regulation or order made thereunder
shall be guilty of an
offence and liable to a fine of $1000.
(2) Where an offence under this
Act committed by a body corporate is proved to have been committed with the
knowledge, consent or
connivance of, or to be attributable to any neglect on the
part of, any director, manager, secretary or other similar official of
the body
corporate or any person who was purporting to act in any such capacity, he as
well as the body corporate shall be liable
to be proceeded against and on
conviction shall be liable
accordingly.
Regulations
14.
The Minister may make regulations generally to carry into effect the purposes of
this Act and in particular-
(a) to provide for the keeping by wholesalers and
(b) to secure that prices are indicated on or in relation to commodities offered or exposed for sale by retail;
(c) to provide for the financing, accounting, reporting and audit of the Board.
Excess
price recoverable
15. A transaction shall not be invalid by reason
only that it involves an offence under this Act; but the person paying a price
in
excess of that prescribed by an order made under section 6(1) shall be
entitled to recover from the retailer the excess of any price
so paid by him
over such price unless he himself has aided, abetted or procured the commission
of the offence.
Crown to be
bound
16. This Act shall bind the
Crown.
Confidentiality
17.
(1) Any information relating to a business which is supplied to the Board or its
employees shall be treated as confidential and
shall not be disclosed unless the
person supplying the information consents or such disclosure is necessary for
the purposes of this
Act.
(2) Any person contravening the foregoing
subsection shall be guilty of an offence and shall be liable on conviction to a
fine of
up to
$1000.
Immunity
18. No
legal proceedings shall be competent for any loss or damage that may result from
anything done under this Act.
THE SCHEDULE
List of Commodities to
be Price controlled:
1. Rice
2. Flour
3. Sugar
4. Biscuit (Cabin)
5. Kerosene
6. Petrol (Benzine)
7. Bar soap
8. Bathing/Toilet soap, and Toilet paper
9. Powder soap
10. Detergents
11. Edible oils of all types
12. Canned corned beef and corned mutton
13. Butter (all types)
14. Milk powdered, evaporated or condensed
15. Coffee
16. Tea
17. Milo
18. Building materials:
(i) Cement
(ii) Timber
(iii) Paint
(iv) Roofing iron
19. Fish and fish products
20. Bicycles
21. Torch batteries
22. Lamps and lanterns, including pressure lamps, hurricane tamps and spares.
___________________
EXPLANATORY
MEMORANDUM
(This memorandum is not part of the Act.)
This Act provides a statutory framework for controlling
retail prices.
Part II creates a Price Control Board on which retailers
and consumers are represented.
In Part III the Board is empowered by
section 6, to regulate the selling price of certain commodities, with the
approval of the Minister,
who may add or delete commodities from the list of
goods to be controlled. Section 7 requires the Board and Minister to take into
account the effect of price control on the profitability of trade. Inspectors
may be appointed to check prices under section 8.
Part IV specifics how
prices may be controlled.
Part V deals with miscellaneous matters
including offences and regulations.
The Schedule contains the list of
commodities to be price controlled.
--------------------------
PacLII:
Copyright Policy
|
Disclaimers
|
Privacy Policy
|
Feedback|
Report an error
URL: http://www.paclii.org/tv/legis/num_act/pca1990157