Price Control and Anti-Profiteering (Amendment) Act 2014 · s 5

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s 5Amendment of section 15

Section 15 of the principal Act is amended—

(a)

by inserting after subsection (1) the following subsection:

“(1a) The mechanism to determine that profit is unreasonably high referred to in subsection (1) includes the Minister determining a certain period during which there shall be no increase in the net profit margin of any goods or services.”; and

(b)

in subsection (2), by inserting after paragraph (b) the following paragraph:

“(ba) any cost incurred in the course or furtherance of business;”.