34Offering to pay higher price for declared goods etc.

34 Offering to pay higher price for declared goods etc. (1) A person shall not knowingly: (a) pay for or offer to pay for; (b) hold himself out as being willing to pay for, or to offer to pay for, or as being willing or able to obtain another person to pay for; or (c) offer to act in connection with the payment for, any declared goods or declared service at a greater price or rate (whether by way of premium or otherwise howsoever) than the maximum price or rate fixed in relation thereto by or under this Act for the sale of those goods or the supply of that service. Maximum penalty: If the offender is a natural person – 100 penalty units. If the offender is a body corporate – 500 penalty units.

Price Exploitation Prevention Act 27 (2) Where the maximum price or rate relevant to any prosecution for a contravention of this section is a price or rate fixed by notice in writing to any person or body or association of persons, it shall be a defence to the prosecution for the person charged to prove that he was not aware of the fact that the price or rate had been so fixed.