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The Petroleum Products (Development Surcharge) Ordinance, 1961

Section 4Maximum sale price

In force

s. 4

4. Maximum sale price (1) Notwithstanding anything contained in any other law, no company shall sell ex-Installation any petroleum product at a price higher than the fixed sale price. (2) A contravention of sub-section (1) shall be deemed to be a contravention of an order made under section 3 of the [Essential Commodities Act, 1957 (III of 1957)], and all the provisions of that Act shall have effect accordingly. (3) Nothing in this Ordinance shall be deemed to have or ever to have had the effect of retrospectively creating any offence or of retrospectively enhancing the punishment for any offence provided in any law for the time being in force.

  1. 4. The words, comma, figures and brackets “Essential Commodities Act, 1957 (III of 1957)” were substituted for the words, comma, figures and brackets “Essential Supplies Act, 1957 (III of 1957)” by section 3 and the Second Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973)

End of s. 4.

Read the contents: The Petroleum Products (Development Surcharge) Ordinance, 1961