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#Price

The Price Control and Prevention of Profiteering and Hoarding Act 1977 #The_Price_Control_and_Prevention_of_Profiteering_and_Hoarding_Act_1977 is applicable to whole of #Pakistan. The #Federal_Government may #delegate_power for the purpose of this Act to #officer or #authority subordinate to the Federal Government or #Provincial_Government or such officer or #authority #subordinate to a Provincial Government. According to the Act, no person shall sell or re-sell any #essential_commodity at a #price higher than the #maximum_price_fixed by the #Controller_General. The Federal Government may make orders for the #matters_listed_under_Section_3 and any person who #contravenes, #abets and #attempts to contravene shall be punished with #imprisonment for a term, which may extend up to #three_years and with #fine_up_to_one_lac_rupees. If the person contravening an order is a #company or other #body_corporate or a #partnership or other body of #individuals, every #director, #manager, #secretary, #member or other #officer or #agent be deemed to be #guilty unless he proves that the #contravention took place without his knowledge or that he exercised all #due_diligence to #prevent such contravention. #Offences punishable under this Act shall be #tried by a #Magistrate_of_the_First_Class in accordance with Sections 262 to 265 of the #Code_of_Criminal_Procedure_1898. Its #schedule provides the #list_of_Officers_authorized to exercise the power of the #Controller_General_of_Prices_and-Supplies under #Sub_Section_2 of #Section_3. #legalissues #legalknowledge #administrativelaw #pricecontrol #attorneyatlaw #lawyer #legaladvice #legalhelp #Rabia_Saghar_Advocate_High_Court_Islamabad #Free_Legal_Aid_Helpline: https://docs.google.com/forms/d/e/1FA... #Facebook:   / rabiasagharadv   #Instagram:   / rabia_saghar   #Twitter:   / rabia_saghar   #WhatsApp: +923005630404 #For_appointment_00923005630404