Sri Lanka Consolidated Acts

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National Prices Commission Law (No. 42 of 1975) - Sect 13

Function and powers of the Commission

13. The functions of the Commission shall be -
(a) to examine any request made to it under section 17 or under section 18, and in appropriate cases, to fix the maximum factory, wholesale or retail prices above which any article referred to in such request shall not be sold or to set out the price structure according to which such prices shall be fixed;
(b) to examine any matter specified in a reference made to it under section 23 and to tender advice in respect of such matter, in the form of a report to the relevant agency making such reference;
(c) to examine any matter specified in a reference made to it under section 24 and to tender advice in respect of such matter, in the form of a report to the Minister making such reference.


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