REPUBLIC OF NAURU

PRICES REGULATION ACT
(NO. 9 OF 2008)

Price Control Order No. 1 2015
S.L No. 2

Notified: 6 February 2015

I, DAVID ADEANG, Minister responsible for Finance, in exercise of powers under section 5(3) and 6(1) of the Prices Regulation Act 2008 of Nauru, make the following Order:

1	Citation

This Order may be cited as the Price Control Order No.1 2015.

2	Commencement

This Order shall commence on the day it is gazetted.

3	Retail price on rice

(1)	The maximum retail price at which rice shall be sold on Nauru is as follows:

(a)	if rice is imported by air freight from a country other than Australia, at $4.00 per kilogram;

(b)	if rice is imported by sea freight from a country other than Australia, at $2.50 per kilogram.

(2)	The maximum retail price in subsection (1) is applicable regardless of:

(a)	 whether the rice is sold in 25 kilogram bags or 10 kilogram bags; and

(b)	the country of origin of the rice, except if imported from Australia.

Dated this 6th day of February 2015.

HON. DAVID ADEANG M.P
MINISTER FOR FINANCE