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The Price and Distribution of Goods Act gives the authority for setting the maximum wholesale and retail prices of price-controlled items. Currently, there are ten (10) items that are price controlled.
The Price and Distribution of Goods Act outlines the provisions on Trader’s licenses. Under this Act, there should be no trading of goods without a Trader’s License, save and except:
Notwithstanding the aforementioned, Trader’s license attracts an applicable fee based on the stock value and is payable annually as follows: