Laws of Malaysia·Act 121
PRICE CONTROL ACT 1946
AKTA KAWALAN HARGA 1946
Official editions
- English editionPRICE CONTROL ACT 1946
- No PDFEdisi Bahasa MelayuAKTA KAWALAN HARGA 1946
Business activities this Act regulates
We haven't mapped this Act to specific MSIC business activities. Many federal Acts are general statutes (company law, employment, taxation, procedure) that apply across business activities generally rather than regulating one industry. Where an Act governs a specific licence, the regulated activities appear here.
Consolidated text (extract)
Price Control
LAWS OF MALAYSIA
REPRINT
Act 121
PRICE CONTROL ACT 1946
Incorporating all amendments up to 1 January 2006
PUBLISHED BY
THE COMMISSIONER OF LAW REVISION, MALAYSIA
UNDER THE AUTHORITY OF THE REVISION OF LAWS ACT 1968
IN COLLABORATION WITH
PERCETAKAN NASIONAL MALAYSIA BHD
2006
1
2
PRICE CONTROL ACT 1946
First enacted … ... ... ... ... …
1946 (Ordinance No. 26
of 1946)
Revised
1973 (Act 121 w.e.f.
17 September 1973)
… … … … … ... …
PREVIOUS REPRINTS
First Reprint
...
Second Reprint ...
...
...
...
...
...
...
...
...
1995
2000
3
LAWS OF MALAYSIA
Act 121
PRICE CONTROL ACT 1946
ARRANGEMENT OF SECTIONS
Section
1.
Short title
2.
Interpretation
3.
Appointment of Price Controller, Deputy Price Controller, Assistant
Price Controllers, etc.
3A. National Advisory Council for Consumers’ Protection
4.
Power of Price Controller to fix prices and charges
5.
Offence to sell price-controlled goods above fixed prices
6.
Licences to sell price-controlled goods
7.
Offence to sell price-controlled goods without a licence
8.
Seller to display licence and list of prices
9.
Offence to refuse to sell price-controlled goods
10.
Purchase of price-controlled goods by partner or director
11.
Illegal conditions
12.
Removal of price-controlled goods from business premises and storage
of price-controlled goods in premises other than licensed business
premises. Dealing in price-controlled goods otherwise than in normal
course of business
13.
General powers of the Price Controller
14.
General powers of Price Controller and other officers
15.
Offence to obstruct authorities
16.
Saving
17.
Power to conduct prosecutions
17A. Compounding of offences
18.
Certificates admissible as prima facie evidence
19.
Information given by accused person admissible in evidence
20.
Burden of proof
21.
What shall not be a defence
Laws of Malaysia
4
Section
22.
Penalties
23.
Jurisdiction to try offences
24.
Joinder of offences
25.
Refunds to purchasers
26.
Delegation of powers
27.
Revocation of licences
28.
Forms
29.
Regulations
29A. Secrecy and penalty
ACT 121
Price Control
5
LAWS OF MALAYSIA
Act 121
PRICE CONTROL ACT 1946
An Act to provide for the control of prices.
[Peninsular Malaysia—1 October 1946;
Sabah and Sarawak—5 March 1964, L.N. 80/1964]
Short title
1.
This Act may be cited as the Price Control Act 1946.
Interpretation
2. (1) In this Act, unless it is otherwise expressly provided or the
context otherwise requires—
“goods” includes all chattels personal other than things in action
and money;
“hire purchase agreement” means an agreement under which
goods are delivered to a person and which provides for the passing
of the ownership of those goods when certain payments exceeding
two in number, prescribed in the agreement, have been made;
“licensed business premises” means premises in which any person
is authorized by licence issued under section 6 to sell any pricecontrolled goods;
“maximum price” means the maximum price at which goods may
be sold under this Act;
“premises” includes—
(a) any shop, stall, building or place; and
(b) any vehicle or vessel,
used for trade;
“prescribed” means prescribed by or under this Act;
Laws of Malaysia
6
ACT 121
“price-controlled goods” includes goods in respect of which
maximum prices have been fixed under section 4, goods in respect
of which maximum charges for the hire thereof or for the performance
of any service in relation thereto have been fixed under that section
and goods which the Price Controller, under section 13, has declared
to be price-controlled goods;
“sale” includes a sale of goods by an agent on behalf of his
principal or by a servant on behalf of his employer, and a sale of
goods on commission or on consignment for sale and includes an
agreement to sell and an offer to sell; and “sell” has a corresponding
meaning; and an offer to sell shall be deemed to include the
exposing of goods for sale, the publication of a price list, the
furnishing of a quotation or any other act or notification
whatsoever by which willingness to enter into any transaction of
sale is expressed;
“the regulations” means the regulations made under this Act.
(2) (Omitted).
Appointment of Price Controller, Deputy Price Controller,
Assistant Price Controllers, etc.
3. (1) The Minister may appoint, from amongst public officers, a
Price Controller, a Deputy Price Controller and such number of
Assistant Price Controllers and other officers as may be necessary
for the purposes of this Act and the regulations.
(2) The Price Controller shall, subject to the general direction
and control of the Minister, perform the duties and functions imposed
and exercise the powers conferred upon him under this Act and the
regulations.
(3) The Deputy Price Controller, Assistant Price Controllers and
other officers appointed under subsection (1) shall be under the
direction and control of the Price Controller.
(4) Except as provided in subsection (5), the Deputy Price
Controller may perform all the duties and functions imposed and
exercise all the powers conferred upon the Price Controller under
this Act.
Price Control
7
(5) The duties and functions to be performed and the powers to
be exercised by the Price Controller under sections 4 and 13,
paragraphs 18(1)(c) and (e) and section 28 shall be performed and
exercised by the Price Controller personally.
(6) The Price Controller or Deputy Price Controller may perform
all the duties and functions imposed and exercise all the powers
conferred upon an Assistant Price Controller under this Act or the
regulations.
(7) All officers appointed under this section shall be deemed to
be public servants within the meaning of the Penal Code [Act 574].
National Advisory Council for Consumers’ Protection
3A. The Minister may establish a National Advisory Council for
Consumers’ Protection consisting of such representatives of business,
government and other organisations as he may appoint to advise him
on the following matters:
(a) the fixing or control of prices of any goods;
(b) the displaying of marks or labels relating to any goods as
required by any order made under subsection 13(1);
(c) the maintenance of stockpile of any goods for the purpose
of price stabilization; and
(d) any other matters which may be referred to it by the
Minister for the proper and effective implementation of
this Act.
Power of Price Controller to fix prices and charges
4. (1) The Price Controller may, with the approval of the Minister,
from time to time by order published in the Gazette—
(a) fix maximum prices, either wholesale or retail, which may
include charges for delivery, for the sale of any goods or
of any quantity of any goods;
(b) fix the maximum charge that may be made by any person
for any service in relation to the supply, repair, maintenance,
packing, carriage or storage of goods, which shall include
the provision of such materials as may be specified in the
order;
8
Laws of Malaysia
ACT 121
(c) fix the maximum charge that may be made for the hire of
any goods and the maximum total price, including any
charge in respect of interest or hire, for any goods the
subject of hire purchase agreements; and
(d) fix the maximum price of any second-hand goods, whether
for sale by persons who trade in those goods, or by the
private owners of those goods,
either by declaring the maximum price or charge or by prescribing
the manner in which the maximum price or charge shall be ascertained.
(2) The Price Controller may fix a maximum price or a hire
charge or a charge for services in respect of any goods for one area
which differs from the maximum price or the hire charge or the
charge for services fixed for another area in respect of like or similar
goods, and may fix special maximum prices for the sale of relief
supplies or any other goods not procured in the ordinary course of
trade or not intended to be sold to the general public in the ordinary
course of trade.
(3) The Price Controller may fix the amount of the deposit which
any person, selling any price-controlled goods subject to the condition
that the container of those goods is to be returned, may require in
respect of the container, and may prescribe the amount, which that
person shall, on the return of the container, refund to the person by
whom the container is returned and the conditions subject to which
the refund shall become payable.
(4) The maximum price of price-controlled goods shall be deemed
to include any sum payable or paid as consideration for an option to
purchase the goods.
(5) All courts and any person to whom an appeal lies under this
Act, shall take judicial notice of notifications published in the
Gazette under this section.
Offence to sell price-controlled goods above fixed prices
5. (1) Any person who sells any price-controlled goods at a price
or performs or offers to perform any service in relation to any pricecontrolled goods or hires or offers to hire any price-controlled goods
at a charge which exceeds the maximum price or charge fixed
therefor by the Price Controller under section 4 shall be guilty of an
offence against this Act.
Price Control
9
(2) Any person who purchases or offers to purchase any pricecontrolled goods at a price, or who knowingly pays or offers to pay
for the hire of any price-controlled goods or for the performance of
any service in relation to any price-controlled goods a charge, which
exceeds the price or charge fixed therefor by the Price Controller
under section 4 shall be guilty of an offence against this Act.
Licences to sell price-controlled goods
6. (1) The Price Controller may, subject to such conditions as he
shall think fit, by written licence authorize any person to sell pricecontrolled goods or any particular class of price-controlled goods in
any premises or at any place specified in the licence.
(2) Every licence issued by the Price Controller under
subsection (1) shall be valid for such period, not exceeding one year,
as may be expressed therein and may, subject to any order made by
any court under subsection 22(3) be renewed on payment of the
prescribed fee for such further period not exceeding one year as the
Price Controller thinks fit.
(3) The Price Controller may authorize any person who owns or
who has his possession or under his control more than one place of
business to sell price-controlled goods at one or more of those places
of business and shall issue a separate licence subject to such
conditions as he shall think fit, on payment of the prescribed fee in
respect of every place of business at which he authorizes the goods
to be sold.
(4) Any person aggrieved by a refusal of the Price Controller to
issue or renew a licence under this section may appeal against the
refusal to the State Authority of the State in which the place of
business is situate and the decision of the State Authority shall be
final and shall not be called in question in any court.
Offence to sell price-controlled goods without a licence
7. (1) After such date as may be fixed for the area concerned by the
Minister by notification in the Gazette any person, who, not being
in possession of a valid licence issued in accordance with section 6,
either on his own behalf or on behalf of any body corporate of which
he is a director or officer or on behalf of any firm of which he is a
10
Laws of Malaysia
ACT 121
partner, sells any price-controlled goods or who, being in possession
of such a licence, sells any price-controlled goods other than those
specified in the licence or who sells any price-controlled goods in
any premises or at any place other than the premises or place
specified in the licence, or who sells any price-controlled goods
contrary to any condition expressed in the licence, shall be guilty of
an offence against this Act.
(2) Where, after the date fixed by the Minister in accordance with
subsection (1), the Price Controller exercises any of his powers
under section 4 or und
Extract truncated for display. Download the official PDF above for the full text.