Section 4
Regulation Of Goods Or Services
(1) The Government of Nepal shall regulate the supplies, price, quality, measurement, label, advertisement of the goods and services regularly in order to protect the rights of the consumers.
(2) The Ministry shall perform the following functions in conducting regulation pursuant to sub-section (1):
(a) to implement the policy relating to quality, price determination and supply system of goods or services,
(b) to prevent or control monopoly or unfair trade activities that cause or possibly cause adverse impact upon the rights and interests of the consumers, or to formulate and implement a plan of action in this regard,
(c) to maintain fair market by continuously analyzing and reviewing the condition of demand and supply of the goods or services used within the country,
(d) to make necessary provisions to prevent and control the price determined or increased in an undesired manner by the producer, seller or distributor of the goods or services,
(e) to facilitate the supply system through the institutions or private firms or companies having full or partial ownership of the Government of Nepal in order to ensure the supplies of the food and other goods for the consumers at a fair price and easy manner,
(f) to fix the maximum quantity of the storage of the goods in any special circumstance, or at any particular place, for the period prescribed,
(g) to receive foods from the producers at the prescribed price and sell them to the general people with determining certain quantity of such foods in case there is a shortage of any foods produced within Nepal,
(h) to make necessary provision to maintain uniformity in the price in general, by managing wholesale or retail business,
(i) to coordinate with the concerned agencies to prevent artificial shortage of any goods or services from occurring or to regularly distribute the goods in all places, for protecting the rights of the consumers and regulating the supply system,
(j) to regulate the sale and distribution system of goods, and control the act of creating scarcity or black-marketing in an inappropriate manner or the unfair business activities.
(3) The Government of Nepal may, in order to protect the rights of the consumers, regulate the supply system and control the price and quality of the goods and services, make necessary policy and institutional provisions from time to time.
(4) The provision referred to in sub-section (3) shall have to be implemented as prescribed.
(2) The Ministry shall perform the following functions in conducting regulation pursuant to sub-section (1):
(a) to implement the policy relating to quality, price determination and supply system of goods or services,
(b) to prevent or control monopoly or unfair trade activities that cause or possibly cause adverse impact upon the rights and interests of the consumers, or to formulate and implement a plan of action in this regard,
(c) to maintain fair market by continuously analyzing and reviewing the condition of demand and supply of the goods or services used within the country,
(d) to make necessary provisions to prevent and control the price determined or increased in an undesired manner by the producer, seller or distributor of the goods or services,
(e) to facilitate the supply system through the institutions or private firms or companies having full or partial ownership of the Government of Nepal in order to ensure the supplies of the food and other goods for the consumers at a fair price and easy manner,
(f) to fix the maximum quantity of the storage of the goods in any special circumstance, or at any particular place, for the period prescribed,
(g) to receive foods from the producers at the prescribed price and sell them to the general people with determining certain quantity of such foods in case there is a shortage of any foods produced within Nepal,
(h) to make necessary provision to maintain uniformity in the price in general, by managing wholesale or retail business,
(i) to coordinate with the concerned agencies to prevent artificial shortage of any goods or services from occurring or to regularly distribute the goods in all places, for protecting the rights of the consumers and regulating the supply system,
(j) to regulate the sale and distribution system of goods, and control the act of creating scarcity or black-marketing in an inappropriate manner or the unfair business activities.
(3) The Government of Nepal may, in order to protect the rights of the consumers, regulate the supply system and control the price and quality of the goods and services, make necessary policy and institutional provisions from time to time.
(4) The provision referred to in sub-section (3) shall have to be implemented as prescribed.