43
In forceCorners and restrictions on circulation of goods
43 Corners and restrictions on circulation of goods
(1)
A person shall not, with intent to corner the market or restrain trade therein, hold or buy up any goods and store or retain them in his possession or under his control, whether the maximum price thereof has or has not been fixed and declared under this Act.
Maximum penalty: If the offender is a natural person –
100 penalty units.
If the offender is a body corporate – 500 penalty units.
(2)
In addition to any penalty that may be imposed for a contravention of subsection (1), the court may order that the whole of such goods, or such quantity thereof as the court so orders, shall be forfeited to the Crown.
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