http://www.legislation.gov.uk/nisr/2004/368/article/14Price Marking Order (Northern Ireland) 2004PricingConsumer protectionPrice markingHallmarkingWeights and measuresCONSUMER PROTECTIONStatute Law Database2024-10-03Expert Participation2014-12-13
This Order is made under section 4 of the Prices Act 1974 and implements Directive 98/6/EC of the European Parliament and of the Council (O.J. No. L80, 18.3.98, p. 27) on consumer protection in the indication of the prices of products offered to consumers. The Order revokes and re-enacts, with amendments, the Price Marking Order (Northern Ireland) 2000 which previously implemented the Directive.
Decimal places and rounding of unit prices above £1
14
Where the unit price of a product falls above £1 it may be expressed to the nearest –
a
1p, in which case where the figure denoting tenths of one penny in the unit price is 5 or higher, it shall be rounded up and where it is 4 or lower it shall be rounded down; or
b
0·1p, in which case where the figure denoting one hundredths of one penny in the unit price is 5 or higher it shall be rounded up and where it is 4 or lower it shall be rounded down.
Art. 14 in operation at 1.3.2005, see art. 1