Northern Territory Consolidated Acts

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PRICE EXPLOITATION PREVENTION ACT - SECT 2

Purposes

The purposes of this Act are:

        (a)     to prevent price exploitation arising consequential on the occurrence (whether or not in the Territory) of natural or man-made disasters that may prevent consumers benefiting from the operation of a competitive market; and

        (b)     to prevent price exploitation that may occur because of the apparent failure of other laws to protect consumers from monopolies or to effectively ensure that consumers benefit from the operation of a competitive market within all or a part of the Territory.



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