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Price Commission Act 1977

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This is the original version (as it was originally enacted).

4In section 17 of the 1973 Act (which relates to offences)—

(a)in subsection (5) (which provides for a person to be liable on summary conviction to a fine not exceeding £400 if among other things he refuses or neglects to furnish information in pursuance of section 15 of the 1973 Act or furnishes or records false information for certain purposes of that Act) for the word " £400 " there shall be substituted the words

£1,000 or, on conviction on indictment, to a fine;

(b)in subsection (6) (which penalises an officer of a body corporate for an offence committed by the body with his consent or through his neglect) after the words "this Act" there shall be inserted the words

or the Price Commission Act 1977and at the end of the subsection there shall be inserted the words—

(c)in subsection (8) (which among other things provides that nothing in the 1973 Act shall give rise to liability for conspiracy or in tort) after the words "this Act" where they first occur there shall be inserted the words

or the Price Commission Act 1977; and

(d)at the end of subsection (9) (which provides that proceedings for an offence under the 1973 Act shall not be begun without the consent of the Attorney General) there shall be inserted the words

; and in any such proceedings it shall be a defence for the person charged to prove that he took all reasonable precautions and exercised all due diligence to avoid the commission of the offence.

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