Fines, warnings for businesses violating Price Control Act

The Division of Financial Planning and Statistics (JPES) on the Ministry of Finance and Financial system discovered 5 companies violating offences underneath Chapter 142 of the Worth Management Act throughout a month joint inspection between JPES and Division of Client Affairs with the Weights and Measure Unit (SDT).

The operation dubbed Operasi Sepadu noticed JPES issuing fines to the enterprise premises for failing to adjust to the Act.

A retail store in Tutong District was fined BND500 for promoting cooking oil above the utmost worth, whereas one other retail store was additionally fined BND500 for failing to show costs on a few of the objects discovered within the enterprise premises.

SDT officers additionally discovered 20 models of weighing machines used for buying and selling functions. All weighing machines had been discovered to be verified, correct and registered in accordance with the Weights and Measures Act 1983 Chapter 151 and Weights and Measures (Verification) Rules 1994 Chapter 3 (1) and (2).

The division reminded companies of their roles in upholding a conducive enterprise surroundings by conducting their enterprise ethically to boost shopper confidence, by complying with the Worth Management Act and the Weights and Measures Act.