4Maximum prices defined

4 Maximum prices defined

Maximum prices may be expressed in one or more of the following terms:

(a) maximum prices or the maximum rate of increase or the minimum rate of decrease in maximum prices;

(b) average prices or average rates of increase or decrease in such average prices;

(c) pricing policies or principles;

(d) by reference to a general price index, the cost of production, revenue, a rate of return on assets or any other factor;

(e) by reference to quantity, location or period of supply of a monopoly service;

(f) any other terms the Regulator or the Minister, as the case requires, considers appropriate.