Statutory Instruments
Prices
Made
1st December 2009
Laid before Parliament
10th December 2009
Coming into force
1st January 2010
The Secretary of State makes the following Order in exercise of the powers under section 4 of the Prices Act 1974(1).
In accordance with section 4(3) of that Act,(2) the Secretary of State has consulted, in such manner as appeared to him to be appropriate having regard to the subject matter and urgency of this Order, with such organisations, representative of interests substantially affected by this Order as appeared to him, having regard to those matters, to be appropriate.
1. This Order may be cited as the Price Marking (Amendment) Order 2009 and shall come into force on 1st January 2010.
2. In article 11(a) of the Price Marking Order 2004(3) for “14” substitute “28”.
Kevin Brennan
Minister for Further Education, Skills, Apprenticeships and Consumer Affairs
Department for Business, Innovation and Skills
1st December 2009
(This note is not part of the Regulations)
This Order amends the Price Marking Order 2004 (SI 2004/102). Article 11 of that Order allowed traders to indicate changes to the Value Added Tax rate on goods by way of a general notice, for a period of up to 14 days after the change had come into effect. This Order extends that period to 28 days.
An impact assessment has not been produced for this instrument as it has no significant impact on the costs of business.
1974 c.24, section 4(1) substituted by section 16(1) of the Price Commission Act 1977 (c.33) and sections 4(2) and 4(5) amended by sections 16(2)(a) and 16(3) of the Price Commission Act 1977.
Section 4(3) substituted by section 1(2) and paragraph 11 of Schedule 2 to the Statute Law (Repeals) Act 2004 (c.14).