Press Release:– The Ministry of Commerce, International Trade, Investment, Enterprise Development and Consumer Affairs would like to inform Importers of:
School Text Books
that these items are Price Controlled, and as a result, the maximum retail price for these items must be calculated on the prescribed form and submitted to the Consumer Affairs Department for approval before exposing these items for sale.
The Ministry urges Importers to comply with section 35 (2) of the Distribution and Price of Goods Act #35 of 2006, which states that a trader shall not sell any price control good unless the Director of Consumer Affairs has approved the selling price.
A trader who contravenes this subsection, commits an offence and is liable on summary conviction to a fine not exceeding ten thousand dollars or to imprisonment not exceeding two years or to both.
Retailers of school supplies are also informed that the approved price issued to them by the importer should not be increased. Section 37 (1) of the Distribution and Price of Goods Act clearly states that it is an offence to do so and anyone who contravenes this subsection is liable on summary conviction to a fine not exceeding five thousand dollars or to imprisonment for a term not exceeding one year or to both.