PRICE CONTROL ACT

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WS OF THE FEDERATION OF NIGERIA

PRICE CONTROL ACT

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ARRANGEMENT OF SECTIONS

Constitution, etc., of Price Control Board and Committees

1. Price Control Board.
2. Price Control Committees.
3. Provisions supplemental to sections I and 2.

Imposition of price control, offences, etc.

4. Imposition of price control.
5. Fixing of controlled price.
6. Prohibition of sale above controlled price.
7. Hoarding.
8. Resale price maintenance.
9. Enforcement staff.
10. Duty to furnish information to the Board; penalty.
11. Seizure of goods suspected of being liable to forfeiture.
12. Requisition and sealing of premises.
13. Court order preventing habitual offender from carrying on business concerning controlled commodity.
14. Offences by bodies corporate.

Trial of offences

15. Trial of offences.

Miscellaneous

16. Exclusion of personal liability.
17. Regulations.
18. Interpretation.
19. Short title, repeal, savings, etc.

SCHEDULES

FIRST SCHEDULE – Controlled commodities

SECOND SCHEDULE – Disposal of seized commodities

APPENDIX

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PRICE CONTROL ACT

An Act to re-enact the Price Control Act, prescribe stiffer penalties and to make better provisions for the implementation of the scheme.

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[Commencement.] [1st January, 1977]    

ALPHABETICAL INDEX TO THE LAWS OF NIGERIA (UPDATED TO 2018)