Prices Act, 1958

Effect on contracts of orders controlling prices and charges.

21.—(1) An order under this Part controlling the price of a commodity or the charge for a service shall not affect the legality of a contract made before the date on which the order comes into force, or of anything done under the contract.

(2) Any order under this Part controlling the price of a commodity or the charge for a service shall not affect the legality of a contract made on or after the date on which the order comes into force, or of anything done under the contract if—

(a) the contract is made in pursuance of a legal obligation arising from a prior contract made before that date, or

(b) the contract is made by a local authority with an official contractor appointed under section 3 of the Local Authorities (Combined Purchasing) Act, 1925 (No. 20 of 1925), or under section 6 of the Local Authorities (Combined Purchasing) Act, 1939 (No. 14 of 1939), as the result of an application made by him before that date.