Price Control Essential Goods Act No 26of 2011 - as Plain Text by MWakili

LAWS OF KENYA PRICE CONTROL (ESSENTIAL GOODS) ACT No.

26 of 2011 Revised Edition 2012 [2011] Published by the National Council for Law Reporting with the Authority of the Attorney-General www.kenyalaw.org [Rev.

2012] No.

26 of 2011 Price Control (Essential Goods) NO.

26 OF 2011 PRICE CONTROL (ESSENTIAL GOODS) ACT ARRANGEMENT OF SECTIONS Section 1.

Short title.

2.

Declaration of essential commodities.

3.

Content of order under section 2.

4.

Commencement of Orders.

5.

Offences and penalties.

6.

Regulations.

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2012] No.

26 of 2011 Price Control (Essential Goods) NO.

26 OF 2011 PRICE CONTROL (ESSENTIAL GOODS) ACT [Date of assent: 16th September, 2011.] [Date of commencement: 19th September, 2011.] An Act of Parliament to provide for the regulation of the prices of essential commodities in order to secure their availability at reasonable prices, and for connected purposes 1.

Short title This Act may be cited as the Price Control (Essential Goods) Act, 2011.

2.

Declaration of essential commodities (1) The Minister may, from time to time, by order in the Gazette, declare any goods to be essential commodities for the purposes of this Act and determine the maximum prices of the commodities in consultation with the industry.

(2) In making a declaration under subsection (1), the Minister shall take into account any relevant treaty or convention ratified by Kenya.

3.

Content of order under section 2 An order made under section 2 may contain the maximum price taking into account related costs of essential commodities in any area in Kenya.

4.

Commencement of orders Every order made under this Act shall come into operation on the day on which it is made, unless another date is specified, and every such order shall be published in the Gazette.

5.

Offences and penalties (1) A person who sells any commodity declared under section 2 above the maximum price commits an offence.

(2) A person who purchases or offers to purchase any commodity declared under section 2 above the maximum price, commits an offence.

(3) A person who contravenes the provisions of this Act commits an offence and is liable on conviction to a fine not exceeding one million shillings or to imprisonment for a term not exceeding five years or to both.

6.

Regulations The Minister may make Regulations for the better carrying out of the intent and purposes of this Act.

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