Price Exploitation Prevention Act 1949

The Controller may, by order, declare that where a person (in this section referred to as the agent) purchases goods (whether declared goods or not) as agent, or purported agent, for another person (in this section referred to as the principal) and processes or treats the goods and delivers goods resulting from the processing or treatment to the principal, the carrying out of the agency (or purported agency) and the performance of the other services by the agent shall, for the purposes of this Act, be deemed to be a sale of the goods so delivered by the agent to the principal at a price equal to the sum of the amounts paid or payable by the principal to the agent in respect of the agency and services (including the price paid by the agent for the goods purchased by him) and the order shall, for the purposes of this Act, have effect according to its tenor.

The Controller may, either generally by order or specifically by notice in writing, exempt any person or class of persons from the operation of any order made in pursuance of this section.