Prices Act, 1958

Fixing of maximum prices of commodities and maximum charges for services consequential on a report by an Advisory Committee.

14.—(1) Where the Minister, having considered a report of an Advisory Committee, is of opinion that the prices charged for a commodity by manufacturers thereof are excessive, owing to causes within the control of manufacturers or to undue labour costs, the Minister may by order fix the maximum price at which that commodity may be sold.

(2) Where the Minister, having considered a report of an Advisory Committee, is of opinion that the charges made for rendering any service by persons rendering it are excessive owing to causes within the control of those persons or to undue labour costs, the Minister may by order fix the maximum charge which may be made for rendering that service.