Price control system revision
O’Malley said he had proposed more rigorous examination of price-increase applications to the National Prices Commission and was considering its response before deciding on changes.
asked the Minister for Industry, Commerce and Energy (i) if discussions have taken place with the National Prices Commission with a view to the revision of the price control system; and (ii) the proposals, if any, that have been discussed.
Comment on this
In reply to a similar question on 25th October, 1977, I confirmed that I had a meeting with the National Prices Commission on 27th July, 1977, at which I put forward detailed proposals for more vigorous examination of price increase applications. I am at present examining the commission's response to these proposals, and until a decision in the matter is taken by me in consultation with my colleagues in the Government it would be inappropriate to give details of the proposals discussed.