New South Wales Consolidated Acts

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PRICES REGULATION ACT 1948 - SECT 17

Tribunal may require returns to be furnished

17 Tribunal may require returns to be furnished

(1) The Tribunal may, by notice, require any person to furnish to it or to an authorised officer, within a specified time and in a specified form, a return setting forth to the best of the person’s knowledge and ability the following particulars or such of them as are specified in the notice namely:
(a) the quantity of any goods in his or her possession or under his or her control at a specified date,
(b) the cost to that person of those goods,
(c) the methods and principles in accordance with which he or she arrives at that cost,
(d) where the maximum price of the goods has not been fixed in pursuance of this Act, the prices, wholesale or retail, at which, and conditions on which, he or she has sold, sells or proposes to sell the goods,
(e) the price, wholesale or retail, charged by the person on such date as the Tribunal specifies, for the goods and the conditions of any such sale, and
(f) such further particulars as are specified in the notice.
(2) The Tribunal may, by notice, require any person engaged in the supply or carrying on of any service to furnish to it, or to an authorised officer, a return setting forth to the best of the person’s knowledge and ability such particulars relating to such service as are specified in the notice.
(3) Any notice given under this section may be either a notice given to such person individually or a notice to such persons or a class of such persons generally; and such lastmentioned notice shall be published in the Gazette and in such newspapers (if any) as the Tribunal directs.
(4) The return shall be verified by statutory declaration.
(5) Any return furnished by any person under this section shall, in any proceedings under this Act, be admissible in evidence against that person.
(6) A person shall not:
(a) fail to comply with any requirements of any such notice, or
(b) wilfully furnish any false or misleading return.



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