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PRICES REGULATION ACT 1948 - SECT 24
Power of Minister to suspend order etc
24 Power of Minister to suspend order etc
(1) Notwithstanding anything contained in this Act, the Minister may request
the Tribunal to consider further any matter dealt with by any order made under
section 20, or any part of any such order, and the Tribunal shall, within
twenty-eight days from the date of any request so made, report thereon to the
Minister.
(2) Notwithstanding anything contained in this Act, the Minister
may, by notice in the Gazette, suspend the operation of any order made under
section 20, or any part of any such order, for a period not exceeding
twenty-eight days from the date of his or her request.
(3) Upon the
publication of the notice, the maximum price or rate (if any) which prevailed
prior to the making of the order which has been suspended shall apply during
the period of the suspension.
(4) The Tribunal shall: (a) within the period
specified in the notice of suspension, report thereon to the Minister, and
(b) within such period, by order published in the Gazette, confirm, amend,
vary or revoke the order or part so suspended in conformity with its report to
the Minister,
and, on receipt of the report of the Tribunal, the Minister
shall, by notice in the Gazette, remove the suspension.
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