Price offences
5 Price offences
Where the maximum base wholesale price of a specified fuel has been determined under section 4 (1) (a), a person shall not, without reasonable excuse, sell or offer for sale, by wholesale, any such fuel at a price greater than that maximum base wholesale price.
Maximum penalty: 50 penalty units, imprisonment for 6 months or both.
Where the maximum retail price of a specified fuel has been determined under section 4 (1) (b), a person shall not, without reasonable excuse, sell or offer for sale, by retail, any such fuel at a price greater than that maximum retail price.
Maximum penalty: 50 penalty units, imprisonment for 6 months or both.
Where the maximum retail margin in relation to a specified fuel has been determined under section 4 (1) (c), a person shall not, without reasonable excuse, sell or offer for sale, by retail, any such fuel at a retail margin greater than that maximum retail margin.
Maximum penalty: 50 penalty units, imprisonment for 6 months or both.
This Act’s bill:Explanatory statement
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