Liquid Fuel Supply Act 1984
sec.32Fixing maximum prices for liquid fuel
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sec.32 Fixing maximum prices for liquid fuel
During a period of emergency the Minister may, by notification published in the gazette— fix a maximum price or maximum prices for the sale of a refined liquid petroleum product of a kind specified in the notification during a period specified in the notification; and vary or revoke a notification previously published under this subsection. A notification under subsection (1) — may fix different maximum prices that vary according to factors specified in the notification; may apply to sales generally of a refined liquid petroleum product, or to sales of a class specified in the notification; may apply throughout the State or in any part or parts of the State as is or are specified in the notification. Where a notification under subsection (1) has fixed a maximum price for the sale of a refined liquid petroleum product a person shall not sell or offer to sell that product, by way of a sale for which the maximum price has been so fixed, at a price in excess of the maximum price. Maximum penalty—$10,000 or 12 months imprisonment. (sec.32-ssec.1) During a period of emergency the Minister may, by notification published in the gazette— fix a maximum price or maximum prices for the sale of a refined liquid petroleum product of a kind specified in the notification during a period specified in the notification; and vary or revoke a notification previously published under this subsection. (sec.32-ssec.2) A notification under subsection (1) — may fix different maximum prices that vary according to factors specified in the notification; may apply to sales generally of a refined liquid petroleum product, or to sales of a class specified in the notification; may apply throughout the State or in any part or parts of the State as is or are specified in the notification. (sec.32-ssec.3) Where a notification under subsection (1) has fixed a maximum price for the sale of a refined liquid petroleum product a person shall not sell or offer to sell that product, by way of a sale for which the maximum price has been so fixed, at a price in excess of the maximum price. Maximum penalty—$10,000 or 12 months imprisonment.
- (a) fix a maximum price or maximum prices for the sale of a refined liquid petroleum product of a kind specified in the notification during a period specified in the notification; and
- (b) vary or revoke a notification previously published under this subsection.
- (a) may fix different maximum prices that vary according to factors specified in the notification;
- (b) may apply to sales generally of a refined liquid petroleum product, or to sales of a class specified in the notification;
- (c) may apply throughout the State or in any part or parts of the State as is or are specified in the notification.