20.
| (1) Upon receipt of a request under section 17 or section 18, the Commission may cause a notice to be published in the Gazette, to the effect that it has received such request and inviting any persons interested in such request to submit to it their views and comments on such request. |
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| (2) The views and comments referred to in subsection (1) shall be submitted in such manner and within such period as may be determined by the Commission. |
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| (3) If, after examination of a request made under either of the aforementioned sections and a consideration of the views and comments, if any, submitted in relation thereto under subsection (2) or by the Controller of Prices, the Commission is satisfied that such request is reasonable, it shall
| | (a) in the case of a request made under section 17 (a), by Order published in the Gazette, fix the maximum factory, wholesale or retail prices above which the article referred to in such request, shall not be sold or set out the price structure according to which such maximum prices shall be fixed; and | | |
| | (b) in the case of a request made under section 17 (b) or section 18, vary the Order fixing the maximum factory, wholesale or retail prices above which the article referred to in such request, shall not be sold or setting out the price structure according to which such maximum prices shall be fixed. | | |
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| (4) Every Order made under subsection (3) shall come into operation on the date on which such Order is published in the Gazette. |
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| (5) An Order under subsection (8) may prescribe the conditions of the sale of the article specified in such Order, Including conditions as to the time and place of the sale and the quantity and quality of the article to be sold. |
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| (6) Where a request under section. 1.7 or section 18 Is in respect only of the retail or of the wholesale or of the factory price, as the case may be, of an article, the Commission, when fixing by an Order under subsection (3) the maximum retail or wholesale or factory price, as the case may be, above which such article shall not be sold, may by the same Order also fix the maximum1 wholesale and factory prices, or the maximum, retail and factory prices, or the maximum retail and wholesale prices, as the case may be, above which such article shall not be sold. |
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Sri Lanka Consolidated Acts