Control of Prices Act, 1932

Reports to the Minister on manufacturer's price investigation.

42.—(1) On the completion of a manufacturer's price investigation in relation to a protected commodity the Commission shall make a report (in this Part of this Act referred to as a manufacturer's price report) to the Minister setting out—

(a) a specification of such commodity;

(b) the movements of the prices of such commodity over a specified period;

(c) whether in the opinion of the Commission such prices are or are not unreasonably high, together with the reasons for such opinion;

(d) their opinion as to whether such prices are influenced by any agreement or combination for interfering with free competition;

(e) if the Commission are of opinion that such prices are unreasonably high—

(i) the opinion of the Commission as to what would be a reasonable price for such commodity,

(ii) their opinion as to the best methods of enforcing a reduction of such prices to a reasonable price,

(iii) if in their opinion a maximum price should be fixed by order of the Minister, under this Part of this Act, the area to which such order should apply,

(iv) in case such commodity is a commodity which if imported into Saorstát Eireann would on importation be liable to a customs duty, the price which, in the opinion of the Commission, an importer would give for such commodity if it were imported direct from the manufacturer or producer thereof and were delivered freight and insurance paid, in bond, at a specified place of importation in Saorstát Eireann,

(v) in case such commodity is a commodity the importation of which into Saorstát Eireann is prohibited or restricted by law, the price which, in the opinion of the Commission, an importer would give for such commodity, if the importation of such commodity were not so prohibited or restricted, and such commodity were imported direct from the manufacturer or producer thereof and were delivered freight and insurance paid at a specified place of importation in Saorstát Eireann.

(2) Every manufacturer's price report shall be laid by the Minister before each House of the Oireachtas unless the Minister is of opinion that it is not desirable in the public interest so to do.