RESERVED COMMODITIES (CONTROL OF IMPORTS, EXPORTS AND RESERVE STOCKS) REGULATIONS
Restriction on sales by wholesale by stockholder and price control
(1) The Director may by notice in writing to a stockholder of a reserved commodity-
(a) restrict the sale by wholesale of that reserved commodity by the stockholder to-
(i) registered wholesalers; or
(ii) specified registered wholesalers,
in that reserved commodity; or
(b) fix the maximum price at which the stockholder may sell that reserved commodity by wholesale-
(ii) to registered wholesalers in that reserved commodity; or
(iii) to other classes of persons specified in the notice;
(c) require the stockholder to sell such quantity of the reserved commodity to such registered wholesaler or other person, as the Director may specify at a price not exceeding the maximum price fixed under paragraph (b).
(2) A notice under paragraph (1) may be addressed to all stockholders or to specified stockholders.
(3) A notice under paragraph (1) shall be-
(a) served on each stockholder to whom it applies; and
(b) published in the Gazette.
(4) A stockholder to whom a notice under paragraph (1) applies shall comply therewith as soon as the notice is-
(a) served on him; or
(b) published in the Gazette,