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Price Control Act (CAP.40.40).

Country/Territory
Tuvalu
Document type
Legislation
Date
1991 (2008)
Source
FAO, FAOLEX
Long title
An 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