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LIQUID FUEL SUPPLY ACT 1984 - SECT 32
Fixing maximum prices for liquid fuel
32 Fixing maximum prices for liquid fuel
(1) During a period of emergency the Minister may, by notification published
in the gazette— (a) fix a maximum price or maximum prices for the sale of a
refined liquid petroleum product of a kind specified in the notification
during a period specified in the notification; and
(b) vary or revoke a
notification previously published under this subsection.
(2) A notification
under subsection (1) — (a) may fix different maximum prices that vary
according to factors specified in the notification;
(b) may apply to sales
generally of a refined liquid petroleum product, or to sales of a class
specified in the notification;
(c) may apply throughout the State or in any
part or parts of the State as is or are specified in the notification.
(3)
Where a notification under subsection (1) has fixed a maximum price for the
sale of a refined liquid petroleum product a person shall not sell or offer to
sell that product, by way of a sale for which the maximum price has been so
fixed, at a price in excess of the maximum price. Penalty— Maximum
penalty—$10,000 or 12 months imprisonment.
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