Price Control Act (CAP.40.40). Country/Territory Tuvalu Document type Legislation Date 1991 (2008) Source FAO, FAOLEX Long titleAn Act to establish the price control board for controlling prices, and for connected purposes. Subject General Keyword Fiscal and market measures Consumer protection Legal proceedings/administrative proceedings Offences/penalties Monitoring Geographical area Asia and the Pacific, Least Developed Countries, Oceania, Polynesia, Small Island Developing States, South Pacific Abstract This Act provides for establishment of the Price Board Control, that shall be in charge to regulate the price for sale by retail of the commodities listed in the Schedule of the Act. Article 6 identifies powers of the Board. The text further provides for price inspection, and fixing the maximum price for the sale of the commodity. The Act prohibits selling a commodity at a greater price than the prescribed order and provides for penalties. The Act contains 18 Articles. Full text English References - Legislation Implemented by Price Control Order (CAP.40.40.1). Legislation | Tuvalu | 2008 Keyword: Fiscal and market measures, Legal proceedings/administrative proceedings, Enforcement/compliance Source: FAO, FAOLEX Amended by Price Control (Amendment) Act 2020. Legislation | Tuvalu | 2020 Keyword: Fiscal and market measures, Legal proceedings/administrative proceedings, Offences/penalties, Enforcement/compliance Source: FAO, FAOLEX