Business updates

The First Schedule to the Consumer Protection (Maximum Mark-Up) Regulations 1998 have been amended by Government Notice No. 238 of 2017 by deleting the items ‘Timber’ and ‘Tyres and Tubes’. These items which previously had a maximum mark-up of 25% are no longer subject to price control by the Price Fixing Unit of the Ministry of Industry, Commerce and Consumer Protection.

The regulations are in force since 8 December 2017.

A copy of the Government Notice No. 238 of 2017 can be accessed here.