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Prices Regulation Act 2008 - Price Control Order No.1 2015

REPUBLIC OF NAURU

PRICES REGULATION ACT
(NO. 9 OF 2008)

Price Control Order No. 1 2015
S.L No. 2

Notified: 6 February 2015

I, DAVID ADEANG, Minister responsible for Finance, in exercise of powers under section 5(3) and 6(1) of the Prices Regulation Act 2008 of Nauru, make the following Order:

1 Citation

This Order may be cited as the Price Control Order No.1 2015.

2 Commencement

This Order shall commence on the day it is gazetted[1].

3 Retail price on rice

(1) The maximum retail price at which rice shall be sold on Nauru is as follows:

• (a) if rice is imported by air freight from a country other than Australia, at $4.00 per kilogram;
  
• (b) if rice is imported by sea freight from a country other than Australia, at $2.50 per kilogram.
  

(2) The maximum retail price in subsection (1) is applicable regardless of:

• (a) whether the rice is sold in 25 kilogram bags or 10 kilogram bags; and
  
• (b) the country of origin of the rice, except if imported from Australia.
  

Dated this 6th day of February 2015.

HON. DAVID ADEANG M.P
MINISTER FOR FINANCE

^{[1] Gazette No. 14/ G.N.No. 44/2015}