Chapter 98
In short
This law, called the Inflation of Prices (Prevention) Ordinance, aims to prevent the inflation of prices for certain essential goods. It allows the Minister responsible for trade to regulate prices and profits on these goods.
What it regulates
- Maximum wholesale and retail prices of essential commodities.
- Limits on profit from the sale of essential commodities.
- The display of prices and quality indications for essential commodities.
- The requirement for individuals involved in essential commodities to provide returns of their stock.
Who it concerns
- Any person owning, possessing, or involved in the importation, sale, manufacture, or production of essential commodities.
- The population of Malta, as the regulations are made in their interest.
Key points
- The Minister responsible for trade can fix maximum prices and limit profits on essential commodities.
- Regulations can order that essential commodities not be sold above a specified price or a price exceeding a fixed amount above a specified date's price.
- Prices and quality of essential commodities offered for sale must be conspicuously exhibited.
- Inspectors can enter shops, seize incorrect weights or measures, extract foodstuff samples, and examine relevant invoices, books, or correspondence.
- Offences include obstructing an inspector, failing to comply with regulations, or making false statements in returns, leading to imprisonment up to three months or a fine between €11.65 and €116.47, or both.
Legal text
INFLATION OF PRICES (PREVENTION) CHAPTER 98 INFLATION OF PRICES (PREVENTION) ORDINANCE To provide for the prevention of the inflation of prices of certain essential commodities. (3rd February, 1939)* ORDINANCE IV of 1939, as amended by Ordinance XXV of 1962; Legal Notices: 4 of 1963, 46 of 1965; Acts: LVIII of 1974, XI of 1977, and XIII of 1983; and Legal Notice 408 of 2007. 1. The short title of this Ordinance is the Inflation of Prices (Prevention) Ordinance. 2. In this Ordinance - the expression "essential commodities" includes articles of food for man, feeding stuffs for animals, livestock, articles used in the preparation of food for consumption and any other commodity which the Minister responsible for industrial development shall declare to be essential for the life of the community; Short title. Interpretation. Amended by: L.N. 4 of 1963. the expression "shop" includes any place where essential commodities are stored or offered for sale. 3. The Minister responsible for trade may, if he deems it expedient in the interest of the population of Malta, make regulations for any of the following purposes: (
- a)for fixing the maximum wholesale and retail prices of essential commodities and for limiting the profit on the sale thereof; (
- b)for ordering that no essential commodities shall be sold at a price exceeding the corresponding price at a date specified in the regulation, or at a price exceeding by more than the amount fixed in the regulation, the corresponding price at such specified date; (
- c)for directing that the prices and an indication of the quality of essential commodities offered for sale to the public shall be conspicuously exhibited on the goods in such manner as may be provided in the regulations; (
- d)for providing that any person owning, possessing or concerned in the importation, sale, manufacture or production of any essential commodities shall make a return of the essential commodities held by, consigned to or on order by him, to any person or persons authorized by the Minister responsible for trade, in such form and within such time as such authorised person or persons may require; and (
- e)generally, for giving directions for the purpose of *See Proclamation No. V of the 3rd of February, 1939. Power of Minister to make regulations. Amended by: XXV.1962.4; L.N. 4 of 1963; XI. 1977.2. INFLATION OF PRICES (PREVENTION) checking abuses in the sale of essential commodities. Appointment of Price Control Board. Amended by: L.N. 4 of 1963; L.N. 46 of 1965; LVIII.1974.68; XI.1977.2. 4.
- Any person who is guilty of an offence against this Ordinance shall be liable, on conviction, to imprisonment for a term not exceeding three months or to a fine (multa) of not less than eleven euro and sixty-five cents (11.65) nor exceeding one INFLATION OF PRICES (PREVENTION) hundred and sixteen euro and forty-seven cents (116.47) or to both such imprisonment and fine: Provided that where the court is satisfied that the offence would be adequately punished by a lesser penalty, the court may reduce the fine in its discretion, but so that the fine shall in no case be less than twenty-five cents: Provided, further, that in the case of a second or subsequent offence against this Ordinance, the court may order that any licence held by the offender for the sale of essential commodities, under any law, shall be suspended for a period not exceeding three months; any such order shall be published in the Government Gazette and a copy thereof shall be affixed to the door or doors of any shop in which the offence was committed and shall remain so affixed for the whole period for which the order is in force.