View All - 1987 Acts Section No : Acts & Ordinances FAIR TRADING COMMISSIONMarginal Notes1. This Act may be cited as the Fair Trading Commission Act, No.1 of 1987 and shall come into operation on such date (hereinafter referred to as the "appointed date ") as the Minister may appoint by Order published in the Gazette.2. Fair Trading Commission. 3. The Commission to be a body corporate. 4. Members of the Commission. 5. function of the commission.6. Matters to which the Commission shall give special regard. 7. Power to require maintenance to records and the furnishing of returns. 8. Power of Commission to call for information. 9. Power of Commission to authorize any officer to enter and inspect premises. 10. Power to hold inquiries and investigations. 11. Commission to carry out investigations. 12. Monopoly situation. 13. Merger situation. 14. Anti-competitive practice. 15. Order to be made by commission upon the conclusion of an investigation. 16. Publication of order under section 15. 17. Appeals. 18. Controller of Prices may request Commission to fix the prices, or to set out the price structure of certain articles. 19. Relevant agency may request Commission to vary the prices fixed by Order for an article. 20. Procedure and Powers of Commission on receipt of a request under section 18 or section 19. 21. Time limit within which powers and duties under section 20 are to be exercised and discharged. 22. Power of Minister to rescind or vary an Order made under section 20. 23. Obligatory reference in the case of variation of price or charge of prescribed articles or prescribed services. 24. Advisory reference.25. Commission to review question relating to prices of article &c. 26. Publication of a report made under this Act. 27. Secretary General to the Commission. 28. Appointment of officers servants and advisers to the Commission. 29. Appointment of public officers to the staff of the Commission. 30. Fund of Commission. 31. Financial year and the audit of accounts. 32. Provisions of this Act not to apply in relation to certain enterprises. 33. Complaints under section 11 and requests under sections 18 and 19 to be in form determined by commission. 34. Protection for action taken under this Act. 35. Members, Officers and servants of the Commission deemed to be public servants. 36. Commission deemed to be a Schedule Institution within the meaning of the Bribery Act. 37. Offences and Penalties. 38. Regulations. 39. Repeal and savings. 40. Amendment of the Consumer Protection Act, No. 1 of 1979. 41. Interpretation.